September 11, 2023 – The J.M. Smucker company, otherwise known as Smucker’s, has gobbled up the Hostess Snack Company in a $5.6 billion deal. Smucker’s distributes Jif peanut butter as well as a wide array of jellies and preserves, and now will own the Hostess signature product Twinkie alongside Ding Dongs, Ho-Hos, and Sno-Balls.
Smucker’s will be adding to their assortment of products from pet food Meow Mix to Folgers coffee as the company was worth an estimated $14.6 billion before the acquisition and now adds a plethora of sugary snacks including cup cakes and frosted donuts.
