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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.
The Hostess Brands company formed in June 2013, having started as a venture by Apollo Global Management and C. Dean Metropoulos and Company, [3] to acquire assets from Old HB, the company formerly known as Interstate Bakeries and Hostess Brands Inc. Apollo and Metropoulos purchased certain cake business assets of Old HB – which had filed for Chapter 11 bankruptcy and bankruptcy liquidation ...
The new company was called the Interstate Bakeries Corporation. Baked goods were sold under the Hostess brand. In 1937, Nafziger started a snack cake brand in Georgia called Dolly Madison , The name was inspired by first lady Dolley Madison known for elegant parties.
In 1995, Interstate Bakeries Corp. of Kansas City, the producer of brands such as Sunbeam, Weber’s and Butternut, bought Continental Baking from Ralston Purina Co. for $463 million ...
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. [27]
Interstate Bakeries has never been known for its focus on health foods. The company's best-known products include Hostess Twinkies, and Dolly Madison Cakes and of course, Wonder Bread.Fresh out of ...
The Merita division of American Bakeries was purchased by Interstate Bakeries Corporation (later Hostess Brands, Inc.) in 1988. After the closure and liquidation of Hostess Brands in late 2012, Merita was sold to Flowers Foods for $390 million, in a deal that also included other Hostess bread brands such as Wonder Bread , Nature's Pride , Home ...
Attorneys representing Juan C. Roman, 44, filed the three-count civil suit April 23 in U.S. District Court in Topeka seeking $300,000 in compensatory and punitive damages from Bimbo Bakeries USA ...