HOSTESS BRANDS, INC. (Exact Name of Registrant As Specified in Its Charter)
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Partial Listing of Gluten-Free “Mainstream” Products Available in the Chicago Area Or Through the Internet
PARTIAL LISTING OF GLUTEN-FREE “MAINSTREAM” PRODUCTS AVAILABLE IN THE CHICAGO AREA OR THROUGH THE INTERNET Updated March 5, 2005 Wheaton Gluten-Free Support Group This list was compiled from lists and postings on celiac and autism organizations’ websites and from information provided by manufacturers and retailers. In addition to products in this list, a wide variety of gluten-free specialty products are available, clearly labeled “gluten free.” This list is based on available information and does not claim to be complete. Its accuracy depends on the accuracy of the information provided by the product manufacturers. Information verification dates are given in parentheses. INGREDIENTS OF SOME PRODUCTS CHANGE OFTEN. FOR CURRENT INFORMATION, CHECK THE INGREDIENT LIST ON THE PRODUCT LABEL. 2 TABLE OF CONTENTS Shelf-Stable Entrees/Travel Foods .................................................................39 MIXES ........................................................................................................40 PICKLES AND OLIVES ................................................................................41 BAKERY/BREAD/TACOS/TORTILLAS.......................................................... 3 SALAD DRESSINGS ....................................................................................42 Waffles....................................................................................................... 3 SAUCES/CONDIMENTS ..............................................................................43 BAKING PRODUCTS ................................................................................... -
Mckee Foods Corp. Named As Winning Bidder for Drake's Snack
NEWS RELEASE FOR IMMEDIATE RELEASE Media Contact: Mike Gloekler, Corporate Communications & Public Relations Manager (423) 238-7111, Ext. 22440 (423) 364-4431 (mobile) McKee Foods Corp. named as winning bidder for Drake’s snack cakes COLLEGEDALE, Tenn. — March 14, 2013 – Hostess Brands Inc. today announced that the stalking horse bid submitted by McKee Foods for the Drake’s snack cake brand will be the bid presented for approval to the U.S. Bankruptcy Court as no other qualified bids were received for those assets. “We know that Drake’s Cakes are unique baked goods that have a loyal following,” said Mike McKee, president and CEO. “McKee Foods is a family-owned bakery, and similarly Drake’s was established as a family bakery 125 years ago. We have generations of experience in baking, and we will strive to bake the Drake’s cakes, not just for taste and quality, but also to deliver on the memories of the loyal Drake’s fans.” McKee Foods has agreed to pay $27.5 million for the Drake’s brand and certain equipment. Drake’s products include Ring Dings, Yodels, Devil Dogs, Yankee Doodles, Sunny Doodles and Drake’s Coffee Cake. Hostess will ask the U.S. Bankruptcy Court for the Southern District of New York to approve the transaction at a hearing on Tuesday, April 9. No part of the sale will be final until this approval is granted. About McKee Foods Corporation Founded in 1934 by O.D. and Ruth McKee, McKee Foods Corporation has grown to become America’s leading family-owned snack cake bakery. -
Downloaded from by IP Address 192.168.160.10 on 06/22
How new owners turned Twinkies into solid gold While Americans rejoiced when Twinkies reappeared on store shelves in the summer of 2013, nobody has had more reason for celebration than Metropoulos & Co. and Apollo Global Management LLC (together “M&A”), which purchased Hostess Brands out of bankruptcy liquidation just months earlier. The tale of Hostess’ beginning, demise (twice) and rise from the ashes is a fascinating case study of iconic brands, mismanagement and human tragedy and how “private equity”/buyout firms can make mind-boggling sums in the blink of an eye. The first Hostess cupcake was created in 1919 and the Hostess brand was founded in 1925 when Continental Baking bought Taggart bakery, the maker of Wonder Bread. Twinkies were invented by James Dewar in 1930 as a cheap bakery item during the Depression and became an instant hit. Ding Dongs and Ho Hos were introduced in 1967 and Interstate Baking Co. acquired Continental in 1995. Interstate filed for Chapter 11 bankruptcy protection in 2004. According to The Atlantic, the company was “collapsing under the weight of flagging sales, overly generous union contracts replete with ridiculous work rules and gobs of debt.” Under Chapter 11, Interstate continued to operate while attempting to “reorganize” its debts and business. Interstate emerged from bankruptcy in 2009, with private equity firm Ripplewood Holdings paying $130 million for control (and hedge funds Silver Point Capital and Monarch Alternative Capital providing $360 million of debt financing) and the company’s two major unions, the Teamsters and the Bakery, Confectionary, Tobacco Workers and Grain Millers International Union contributing $110 million in annual wage and benefit concessions. -
Deal of the Week: Hostess Sells Twinkies Brand for $410M
Deal of the Week: Hostess Sells Twinkies Brand for $410M Announcement Date March 12, 2013 Acquirer Apollo Global Management, Metropoulos & Company Acquirer Descriptions Apollo Global Management is a publicly owned investment manager C. Dean Metropoulos & Co. is a principal investment firm seeking to invest in the consumer branded products industries Target Hostess Brands (Twinkies, Ho Hos, Sno Balls, Dolly Madison Zingers) Target Description Operates as a wholesale baker and distributor of bread and snack cakes in the United States Founded in 1930 and based in Irving, Texas Target Financial Stats Mkt Cap: NM EV: $648.5 million LTM EBITDA: ($0.3) million EV / LTM EBITDA Multiple: NM Price / Consideration Price: $410 million Consideration: Cash Rationale The deal includes five Hostess factories, which the buyers hope to restart so to begin restocking store shelves by the summer. The new company will almost certainly feature the Hostess name Apollo and Metropoulos emerged from a crowded field of international food giant and private equity firm bidders for the brands. At one point, more than 100 parties had expressed interest in Twinkies Hostess Brands said private equity firms Apollo and Metropoulos set a baseline offer of $410 million to buy the company’s snack cake brands back in January, the stalking horse bid On Monday, March 11th, the deadline for submitting competing bids, Hostess notified the U.S. Bankruptcy Court for the Southern District of New York in White Plains that it had not received any other offers and would sell the brands to the stalking horse Advisers to Hostess canceled an auction scheduled for Wednesday morning and declared the winners The sale requires the approval of the federal bankruptcy judge overseeing the Chapter 11 case Comments Metropoulos & Company owns Pabst Blue Ribbon and Vlasic pickles C. -
Hostess Brands, Inc
Filed Pursuant to Rule 424(b)(3) Registration No. 333- 219149 PROSPECTUS HOSTESS BRANDS, INC. 19,000,000 Warrants to Purchase 9,500,000 Shares of Class A Common Stock 9,500,000 Shares of Class A Common Stock The selling warrantholders named in this prospectus (the “Selling Warrantholders”) may offer and sell from time to time up to 19,000,000 warrants (“Private Warrants”) to purchase shares of our Class A common stock par value $0.0001 per share (“Class A Common Stock”). The Private Warrants are exercisable to purchase an aggregate of 9,500,000 shares of Class A Common Stock at an exercise price of $5.75 per half share of Class A Common Stock. Upon the sale or distribution of the Private Warrants as described herein, the Private Warrants will become fungible with our public warrants to purchase Class A Common Stock (“Public Warrants”) and we expect these transferred Private Warrants (“Transferred Warrants”) will trade under the same CUSIP and ticker symbol as the Public Warrants on the NASDAQ Capital Market (“NASDAQ”). In addition, this prospectus relates to the issuance by us of up to 9,500,000 shares of our Class A Common Stock that are issuable upon the exercise of Transferred Warrants. We are not selling any Private Warrants in this offering and will not receive any proceeds from the sale of Private Warrants by the Selling Warrantholders pursuant to this prospectus, but will receive $5.75 per half-share upon the exercise of any Transferred Warrants. We will pay the expenses, other than any underwriting discounts and commissions, associated with the sale of Private Warrants and shares pursuant to this prospectus. -
Grocery Goliaths
HOW FOOD MONOPOLIES IMPACT CONSUMERS About Food & Water Watch Food & Water Watch works to ensure the food, water and fish we consume is safe, accessible and sustainable. So we can all enjoy and trust in what we eat and drink, we help people take charge of where their food comes from, keep clean, affordable, public tap water flowing freely to our homes, protect the environmental quality of oceans, force government to do its job protecting citizens, and educate about the importance of keeping shared resources under public control. Food & Water Watch California Office 1616 P St. NW, Ste. 300 1814 Franklin St., Ste. 1100 Washington, DC 20036 Oakland, CA 94612 tel: (202) 683-2500 tel: (510) 922-0720 fax: (202) 683-2501 fax: (510) 922-0723 [email protected] [email protected] foodandwaterwatch.org Copyright © December 2013 by Food & Water Watch. All rights reserved. This report can be viewed or downloaded at foodandwaterwatch.org. HOW FOOD MONOPOLIES IMPACT CONSUMERS Executive Summary . 2 Introduction . 3 Supersizing the Supermarket . 3 The Rise of Monolithic Food Manufacturers. 4 Intense consolidation throughout the supermarket . 7 Consumer choice limited. 7 Storewide domination by a few firms . 8 Supermarket Strategies to Manipulate Shoppers . 9 Sensory manipulation . .10 Product placement . .10 Slotting fees and category captains . .11 Advertising and promotions . .11 Conclusion and Recommendations. .12 Appendix A: Market Share of 100 Grocery Items . .13 Appendix B: Top Food Conglomerates’ Widespread Presence in the Grocery Store . .27 Methodology . .29 Endnotes. .30 Executive Summary Safeway.4 Walmart alone sold nearly a third (28.8 5 Groceries are big business, with Americans spending percent) of all groceries in 2012. -
Interstate Bakeries C O R P O R a T I
INTERSTA TE BAKERIES CORPORATION Building for the future 1999 Annual Report Interstate Bakeries Corporation is the largest wholesale baker and distributor of fresh delivered bread and snack cakes in the United States. The Company has three major divisions — the Western Division, headquartered in Phoenix, Arizona; the Central Division, headquartered in Kansas City, Missouri; and the Eastern Division, headquartered in Charlotte, North Carolina. The Company also sells dry products. The Company operates 67 bakeries throughout the United States and employs more than 34,000 people. From these strategically dispersed bakeries, the Company’s sales force delivers baked goods to more than 200,000 food outlets on approximately 11,000 delivery routes. The Company’s products are distributed throughout the United States, primarily through its direct route system and approximately 1,500 Company- operated thrift stores, and to some extent through distributors. The IBC product line is marketed under a number of well-known national and regional brands, which include Wonder, Hostess, Home Pride, Drake’s, Beefsteak, Bread du Jour, Dolly Madison, Butternut, Merita, Parisian, Colombo, Sunbeam, Millbrook, Eddy’s, Holsum, Sweetheart, Cotton’s Holsum, J.J. Nissen, Marie Callender’s and Mrs. Cubbison’s. In addition, the Company is a baker and distributor of Roman Meal and Sun Maid bread. Financial Highlights Net Sales (In Millions) $3,500 (In Thousands, Except Per Share Data) 52 Weeks Ended 52 Weeks Ended 52 Weeks Ended $3,450 May 29, 1999 May 30, 1998 May 31, -
Hostess Brands Inc.: a Case Study
Journal of Business and Retail Management Research (JBRMR), Vol. 12 Issue 1 October 2017 Hostess brands inc.: A case study Kimberly J. Flanders Indiana University of Pennsylvania, United States Keywords Case study, human performance technology, instructional design, business process improvement Abstract Hostess Brands, Inc. served as the largest manufacturer and distributor of baked goods products in the United States for decades. Throughout numerous mergers and acquisitions, the company’s growth resulted in a series of problems leading to bankruptcy. The three key problems included high legacy costs, shrinking profits, and significant, long-term debt. This research is a case study utilizing Gilbert’s Behavioral Engineering Model to evaluate the issues that led to the bankruptcy of Hostess Brands, Inc. Corresponding author: Kimberly J. Flanders Email address for corresponding author: [email protected] First submission received: 8th March 2017 Revised submission received: 1st May 2017 Accepted: 10th June 2017 Introduction The largest producer and distributor of baked goods products in the United States, Hostess Brands, Inc. filed for bankruptcy on November 16, 2012. Several problems existed within the organization that made solvency and profitability nearly impossible. Three key problems uncovered within the organization included exorbitant legacy costs due to multiple unions, shrinking profit margins because of increased production costs, and large, long-term debt. This study will evaluate human performance technology, specifically analyzing the main problems within Hostess Brands, Inc., and will also argue for Gilbert’s Behavioral Engineering Model, discussing how it could have been utilized to improve Hostess organizational efficiency. Hostess Brands, Inc. Hostess Brands, Inc. baked and distributed breads and baked goods throughout the United States from 2009 to 2013. -
Hostess Brands, Inc. Bankruptcy
University of Tennessee, Knoxville TRACE: Tennessee Research and Creative Exchange Chapter 11 Bankruptcy Case Studies College of Law Student Work Spring 2013 Hostess Brands, Inc. Bankruptcy Kathryn K. Ganier Frederick L. Conrad III Wendy G. Patrick Follow this and additional works at: https://trace.tennessee.edu/utk_studlawbankruptcy Part of the Bankruptcy Law Commons, and the Business Law, Public Responsibility, and Ethics Commons Recommended Citation Ganier, Kathryn K.; Conrad, Frederick L. III; and Patrick, Wendy G., "Hostess Brands, Inc. Bankruptcy" (2013). Chapter 11 Bankruptcy Case Studies. https://trace.tennessee.edu/utk_studlawbankruptcy/6 This Article is brought to you for free and open access by the College of Law Student Work at TRACE: Tennessee Research and Creative Exchange. It has been accepted for inclusion in Chapter 11 Bankruptcy Case Studies by an authorized administrator of TRACE: Tennessee Research and Creative Exchange. For more information, please contact [email protected]. Hostess Brands, Inc. Bankruptcy Workouts and Reorganizations – Professor Kuney Spring 2013 Kathryn K. Ganier*, Frederick L. Conrad III**, and Wendy G. Patrick*** * Kathryn K. Ganier is a student at the University of Tennessee College of Law and a class of 2013 candidate for a Juris Doctorate with a concentration in business transactions. She received her BA in Foreign Affairs from the University of Virginia in 2006 and before law school was a manager for strategic planning at Samsung North America. Ms. Ganier and the other authors thank Dawn McCarty at Bloomberg for answering an email and assisting us with access to certain documents that we could not locate without her. ** Frederick L. Conrad III is a student at the University of Tennessee College of Law and a 2013 candidate for a Juris Doctor with a concentration in advocacy and dispute resolution. -
Economic Analysis of the Use of Twinkies® for Insulation
DISCLAIMER Note that this sample report is only to be used for the purposes of constructing a properly formatted, researched and written economic analysis report for the ENGT-3600 course requirement. Any claims regarding Twinkies® or their physical properties is purely fictional. Economic Analysis of the Use of Twinkies® For Insulation By N. V. Kissoff October 27, 2014 1.0 Executive Summary An analysis was performed to determine if shelf life expired Twinkies® could be a cost effective and efficient material to be used as building ceiling insulation. After the collapse of the Hostess brand parent company in 2012, warehouses full of Twinkies® went unused and remained past their recommended freshness shelf life. This report details the investigation of the possibility of these leftover snack cakes use as an economically feasible insulating material. The owner of several warehouses full of expired Twinkies® has been offering the surplus for sale at a price of $35/ 100# to recoup the investment. Research for alternative uses of the snack cake found that they possessed excellent properties of insulation. Stacking the product in a single layer was found to produce an R-40 insulation value. The use of such a Twinkie® insulation system could result in an associated savings in energy over a 1000 ft2 ceiling of $29.66 annually. When analyzing the costs and benefits compared to 6.5’ of R-19 fiberglass batt insulation, the following results were obtained. Present Worth of Costs Analysis PW (Costs) Fiberglass = $1372.63 PW (Costs) Twinkies® = $1473.02 Payback Period 12.8 Years to recover the investment of a Twinkie® insulation system over a fiberglass system. -
77¢ 88¢ $1198 $1299
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INDUSTRY NOTIFICATION August 16, 2019
INDUSTRY NOTIFICATION August 16, 2019 NEW CLIENTS Previous Address: New Address Effective: 8.1.19 Smart Sweets, Inc. Smart Sweets, Inc. New Couponer Inmar Dept. #66980 One FawCett Drive Del Rio, TX 78840 16 East 6th Avenue VanCouver, BC V5T 1J4 GS1 Company Prefix Brand/Products Family Codes 0669809 Smart Sweet Gummy Candy 000-999 Previous Address: New Address Effective: 8.16.19 Green Chile Food Company Green Chile Food Company New Couponer Inmar Dept. #33425 One FawCett Drive Del Rio, TX 78840 800 East Campbell Suite 110 RiChardson, TX 75081 GS1 Company Prefix Brand/Products Family Codes Green Chile/Frozen Burritos, Frozen Burrito 083342500 000-999 Bowls, Frozen Quesadillas Previous Address: New Address Effective: 8.22.19 Bold Beverage, LLC Bold Beverage, LLC New Couponer Inmar Dept. #54948 One FawCett Drive Del Rio, TX 78840 3220 Prairie Avenue Boulder, CO 80202 GS1 Company Prefix Brand/Products Family Codes 0854948008 Hoplark/ Hop Tea 000-999 Previous Address: New Address Effective: 8.15.19 KDR Pet Treats, LLC KDR Pet Treats, LLC New Couponer Inmar Dept. #59554 One FawCett Drive Del Rio, TX 78840 2676 South Maple Avenue Fresno, CA 93725 GS1 Company Prefix Brand/Products Family Codes Plato Pet Treats - Thinkers/Original Real 0850002221 000-999 Stripes/Small Bites/ Furry Republic Plato Pet Treats - Thinkers/Original Real 0859554001 000-999 Stripes/Small Bites/ Furry Republic INMAR TRADE RELATIONS RESPONSE LINE 1-800-285-7602 PAGE 1 INDUSTRY NOTIFICATION August 16, 2019 Previous Address: New Address Effective: 8.15.19 The Great American Turkey Co. The Great American Turkey Co. New Couponer Inmar Dept.