Aug. 19, 2024 - Following the Canadian Competition Bureau’s 2023 Retail Grocery Market Study in which it recommended that provincial and territorial governments take measures to limit property controls in the grocery industry, including banning their use, the Bureau recently released for public comment a...
Hostess Brands Acquiring Voortman Cookies
Davies acted as Canadian counsel to Hostess Brands Inc. in its $425-million acquisition of Voortman Cookies Limited, a leading North American wafer and cookie company, from Swander Pace Capital. The acquisition diversifies and expands Hostess’s product offerings, providing it with a unique competitive position in the large and growing $8.4-billion cookie market.
The deal closed on January 3, 2020.
The Davies team that worked on this transaction included Brett Seifred and Stephen Dalby (M&A); Mark Firman (Employment & Labour); Elisa Kearney and Alysha Manji-Knight (Competition); Sharon Ford (Tax); and Alexandria Pike (Environmental).
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