This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.
Hostess Brands Inc. said Monday that it has a deal to buy a cookie maker for $320 million in cash.
Kansas City-based Hostess (Nasdaq: TWNK) said it has an agreement to buy Voortman Cookies Ltd. for $320 million in cash. The deal is expected to close in early January.
Ontario-based Voortman is a leading maker of wafer and sugar-free cookies.
Hostess hailed the deal as giving it a presence in the fast-growing market for cookies, and particularly cookies seen as lighter.
