Business

Smuckers to purchase Hostess Brands, owner of Twinkies, for over $5 billion

By Asher Notheis

Published September 11, 2023 4:17pm ET

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Smuckers to purchase Hostess Brands, owner of Twinkies, for over $5 billion — Hostess Twinkie snack cakes on display at a store. | (Kevork Djansezian/Getty Images)

Smuckers announced a major acquisition on Monday, purchasing Hostess, the maker of Twinkies, for roughly $5.6 billion.

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Food and Beverage Twinkies