Hostess Brands to acquire Voortman Cookies from Swander Pace Capital for $320m.

Hostess Brands, an American bakery company, agreed to acquire Voortman Cookies, a manufacturer of premium, branded wafers as well as sugar-free and specialty cookies, from private equity firm Swander Pace Capital for $320m. “Voortman is a leading brand with a well-defined consumer position that complements and extends the growing Hostess portfolio into the growing cookie and better-for-you sweet snacking categories with meaningful runway for future growth,” Andy Callahan, Hostess President and Chief Executive Officer.