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The company was founded in 1993 and is based in Greenwich, Connecticut. [13] As of 2011, C. Dean Metropoulos & Co. has been involved in over 72 acquisitions with over $12 billion in invested capital. [12] The company jointly owned Hostess Brands along with Apollo Global Management.
The company was founded in November 1996 when American Home Products spun off its food business, American Home Foods, which was acquired by private equity firm Hicks, Muse, Tate & Furst and C. Dean Metropoulos & Co. and renamed International Home Foods. [3] The latter paid US$1.2 billion to acquire 80% of IHF. [4]
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 ...
Metropoulos is a principal at Metropoulos & Co., the private equity firm founded by his billionaire father, C. Dean Metropoulos, who also owns a home in Palm Beach.
Pabst Blue Ribbon, better known as "PBR" to its loyal drinkers, may be on the fast-track to an image update. The super-cheap beer, which gained its "Blue Ribbon" status at the World's Columbian ...
The deal was approved by a bankruptcy court, and C. Dean Metropoulos and Company principal Daren Metropoulos announced that Hostess products would be sold again on July 15. [74] This division eventually went public as the second incarnation of Hostess Brands, and announced it would be acquired by J.M. Smucker on September 11, 2023. [9]
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Section 501(c)(3) of the Internal Revenue Code and Chapter 180 of the Massachusetts General Laws, without any parent corporation, that it has issued no stock, and that there thus is no publicly held company that owns any such stock.