Andy Jhawar, a Senior Partner of Apollo and Head of Apollo’s Consumer and Food Retail Industry Group added, “Today’s approval of the stalking horse agreement is a positive step toward saving some of America’s most well-recognized and iconic brands. We believe the Hostess Snacks brands we agreed to acquire offer significant potential for renewed growth and expansion into additional channels of distribution. We are confident that the combined expertise and capital of Apollo and C. Dean Metropoulos, who has an unparalleled track record of value creation in the consumer packaged food and beverage industry, will prove invaluable as we re-launch the Hostess Snacks business.”About Apollo Global Management, LLC
Apollo Global Management And Metropoulos & Co. Sign Agreement To Acquire Certain Hostess Snack Brands And Bakeries
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