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Old HB, Inc., [2] known as Hostess Brands from 2009 to 2013 and established in 1930 as Interstate Bakeries Corporation, was a wholesale baker and distributor of bakery products in the United States. [3] Before its 2012 closure and liquidation, it owned the Hostess, Wonder Bread, Nature's Pride, Dolly Madison, Butternut Breads, and Drake's brands.
Bernice McClelland loads a cart with freshly baked loaves in 1946 at the Wonder Bread bakery at 178 S. Forge St. in Akron A Wonder-Hostess Thrift Store opened adjacent to the plant at 216 E. Mill ...
Continental Baking Company purchased Taggart in 1925. [7] This made Wonder Bread a national brand and added "It's Slo Baked" to the logo. [8] In the 1930s, Continental Baking began marketing Wonder Bread in sliced form nationwide, one of the first companies to do so; this was a significant milestone for the industry and for American consumers, who, at first, needed reassurance that "wonder-cut ...
Hostess Brands (the former Interstate Bakeries Corporation) closed in 2012. During the liquidation process, it again changed its name, to Old HB. An entirely new and separate entity, New HB Acquisition LLC, was established in 2013, 50% owned by HB Holdings, LLC, a venture set up by Apollo Global Management and C. Dean Metropoulos and Company ...
Feb 27 (Reuters) - Flowers Foods Inc (FLO) is set to buy Hostess bread brands including Wonder bread for $360 million after no other bidder stepped up to make a competing offer, a source familiar ...
It started with Twinkies returning to store shelves this past summer, having taken a not-so-sweet hiatus after the bankruptcy of Hostess Brands. Now Flowers Foods is bringing another of its baked ...
Wonder Bread and Hostess bakery in Sacramento, California. In March, 1997, San Francisco French Bread Company was purchased from Specialty Foods Corp. by Interstate Bakeries Corporation of Kansas City, Missouri [24] which went bankrupt and shut down the Parisian bakery in 2005, saying the bakery was no longer profitable.
Hostess may be dead, but its popular brands are not. Several other food companies believe they can make money on the Hostess asset base, and the auction process to sell these has begun.