Single-serve pouches contain three mini cakes.

Transaction also includes a manufacturing plant in Chicago.

Feature a pull-apart bubble design.

Charges relate to underperformance of Sweet Baked Snacks and Hostess Brands.
 

Judd Freitag to succeed Dan O’Leary.

Expanded distribution, innovation part of strategy.

Manufacturers and suppliers of grain-based foods face an unappetizing mix of business and economic conditions.

The brands to be acquired are expected to have sales of $60 million in 2025.
 

After years of capacity constraints, Smucker is preparing for a breakout performance from the brand.
 

Other ranked food, beverage companies include Mondelez and J.M. Smucker.