Confirmed Preliminary Control Unknown Transaction verified bakerycookiesCPGFood

Voortman Cookies Limited (Voortman) acquired by Hostess Brands

Hostess Brands agreed to acquire Voortman Cookies Limited (Voortman), a Canadian cookies brand, on Dec 2, 2019.

Preliminary: The transaction value and EV/revenue are not yet independently verified.

Transaction summary

Target
Voortman Cookies Limited (Voortman)
Acquirer
Hostess Brands
Seller
-
Announced
2019-12-02
Geography
Canada
Type
Acquisition
Deal type
Control
Stake acquired
-
First added
2026-10-12
Latest update
2026-10-31

Value and multiples

100% enterprise value

USD 320M

Unverified

100% enterprise value | USD

Basis: Public source

Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.

EV / revenue

2.83x

Unverified

Period: FY2019

Basis: Estimated

EV / EBITDA

-

EBITDA basis not stated

Basis: Estimated

Amounts paid and other reported values

Original reported amounts and bases; a stake payment is distinct from the estimated whole-company valuation.

Consideration: USD 320M

US$320m.

Basis

  • Reported consideration: USD 320m.
  • Implied EV / revenue is 2.83x, calculated from USD 320m value and USD 113m revenue.
  • EV/revenue is estimated.
  • Metric period: FY2019 2019.

Source summary

J. M. Smucker 10-Q, filed 2026-08-26

Confirmed

Acquisition of Voortman Cookies Limited (Voortman) by Hostess Brands.

Open source

J. M. Smucker 10-Q, filed 2026-08-26

Confirmed

In December 2020, Hostess Brands asserted claims for indemnification against the sellers (the “Sellers”) under the terms of a Share Purchase Agreement (the “Purchase Agreement”) pursuant to which Hostess Brands acquired Voortman Cookies Limited (“Voortman”).

Open source

J. M. Smucker 10-Q, filed 2026-08-26

Confirmed

In December 2020, Hostess Brands asserted claims for indemnification against the Sellers under the terms of the Purchase Agreement pursuant to which Hostess Brands acquired Voortman.

Open source

J. M. Smucker 10-K, filed 2026-06-09

Confirmed

In December 2020, Hostess Brands asserted claims for indemnification against the sellers (the “Sellers”) under the terms of a Share Purchase Agreement (the “Purchase Agreement”) pursuant to which Hostess Brands acquired Voortman Cookies Limited (“Voortman”).

Open source

J. M. Smucker 10-K, filed 2026-06-09

Confirmed

In December 2020, Hostess Brands asserted claims for indemnification against the Sellers under the terms of the Purchase Agreement pursuant to which Hostess Brands acquired Voortman.

Open source

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