Second Nature Brands Acquires Voortman Cookie Brand From J.M. Smucker

Hostess Brands Acquires Voortman Cookies from Swander Pace Capital

January 7, 2020

Food & Beverage

Hostess Brands, Inc. has acquired Voortman Cookies Limited from private equity firm Swander Pace Capital for approximately $320 million (C$425 million) in cash. Voortman, headquartered in Burlington, Ontario, is a premium cookie and wafer manufacturer known for sugar-free and better-for-you products; the deal expands Hostess’s branded snack portfolio and distribution reach across North America and internationally.

Second Nature Brands Acquires Sahale Snacks from The J.M. Smucker Co.

September 27, 2023

Food & Beverage

Second Nature Brands, a Michigan-based snack platform, has agreed to acquire Sahale Snacks from The J.M. Smucker Co. for $34 million. The deal includes Sahale trademarks and a leased manufacturing facility in the Seattle area and will transition approximately 100 employees to Second Nature Brands; the acquisition is an add-on to Second Nature Brands' premium snack portfolio.

CapVest Acquires Second Nature Brands from Palladium Equity Partners

April 26, 2022

Food & Beverage

Funds managed by CapVest Partners LLP have closed the acquisition of Second Nature Brands, a Michigan-based creator of premium snacks and treats (Kar's Nuts, Second Nature Snacks, and Sanders Chocolates), from affiliates of Palladium Equity Partners. CapVest said it will support the company's next phase of growth through product innovation, category leadership and scaling the platform organically and via strategic acquisitions; terms were not disclosed.

Second Nature Brands (CapVest) Acquires Brownie Brittle from Encore Consumer Capital

December 7, 2022

Food & Beverage

Second Nature Brands, a snacks platform controlled by CapVest Partners LLP, has completed the acquisition of Brownie Brittle from Encore Consumer Capital. The deal is an add-on to the Second Nature Brands platform to expand its portfolio into baking and accelerate Brownie Brittle's retail and e-commerce growth; terms were not disclosed.

J.M. Smucker to Acquire Hostess Brands for $5.6 Billion

September 11, 2023

Food & Beverage

The J. M. Smucker Co. agreed to acquire Hostess Brands, Inc. for about $5.6 billion including debt in a cash-and-stock deal valued at $34.25 per share. The acquisition expands Smucker’s snacking and convenient consumer occasion strategy with Hostess sweet baked goods and Voortman cookies.

JTM Foods Acquires Cookies-n-Milk (CnM)

February 2, 2023

Food & Beverage

JTM Foods, LLC (dba JJ’s Bakery) has acquired Cookies-n-Milk (CnM), a family‑owned producer of edible cookie dough bites, individually wrapped cookies and brownies, donut holes and ready‑to‑bake frozen cookie doughs. Cookies‑n‑Milk operates a production facility in McKinney, Texas, and JTM said the acquisition strengthens its sweet goods portfolio and will leverage JTM's operations and sales capabilities to expand the edible cookie dough category nationally.