Hostess Brands — best known for sugary baked treats such as Twinkies — has agreed to acquire the maker of Voortman wafers and sugar-free cookies for $320 million in a move to boost its profile in the fast-growing snacks category. The value of the deal was about C$425 million (US$320 million). Voortman Cookie Route Opportunities (click here for routes in Canada) Thank you for visiting The Route Exchange and your interest in Voortman Bakery Independent Distributor opportunities. In 2015, a majority stake in Voortman Cookies was acquired by private equity firm Swander Pace Capital. Voortman's cookies and wafers are sold in … subject to customary closing conditions. [1], On December 2, 2019, Hostess Brands announced that it was purchasing Voortman from Swander Pace Capital for approximately US$320 million (C$425 million). [6], "How Voortman Plans on Taking a Bigger Bite Out of the Cookie Market", "Burlington's Voortman Cookies sold to private equity firm", "The Morning Leverage: Swander Pace Raids the Cookie Jar", "Hostess Brands, Inc. Enters into Agreement to Acquire Voortman, a Leading North American Wafer and Cookie Company", "Swander Pace Capital Acquires Majority Stake in Voortman Cookies", https://en.wikipedia.org/w/index.php?title=Voortman_Cookies&oldid=944396976, Creative Commons Attribution-ShareAlike License, This page was last edited on 7 March 2020, at 16:24. Product Title Voortman Sugar-Free Oatmeal Cookies, 8 Oz. 44K likes. … Your email address will not be published. In 2017, Voortman went through a complete rebranding, which included removal from its formulas of all artificial colors, flavors and high fructose corn syrup. Real Bakers. Packaged baked goods company Hostess will pay private equity firm Swander Pace Capital $320 million in cash for Voortman Cookies. See the national retailers that carry our products. Voortman was founded in 1951 by brothers William and Harry Voortman, whose father had operated a bakery in the Netherlands. ... Glassdoor has 49 Voortman Cookies reviews submitted anonymously by Voortman Cookies employees. Voortman was founded in 1951 by brothers William and Harry Voortman, who emigrated to Canada from their hometown of … Buy Voortman Vanilla Wafer 12ct On The Go at Walmart.com CFO Publishing LLC, a division of The Argyle Group. The Burlington plant remains the sole production facility, where over 200 full-time workers are employed. See all Route Sales salaries to learn how this stacks up in the market. Route Sales salaries at Voortman Cookies can range from $5,174-$5,601. In 2015, Voortman's sales were over $100 million.[1]. Voortman Cookies, the landmark family-owned Burlington company launched in 1951, has been sold to private equity firm Swander Pace Capital. Last year, it expanded its breakfast product lineup with the purchase of the Big Texas and Cloverhill brands. In 2004, it became the first North American food brand to announce the removal of trans fats from its retail food products. All Rights Reserved. Free shipping on orders of $35+ or same-day pick-up in store. . Based in Burlington, Ontario, Voortman is a … Voortman brand cookies are sold in supermarkets across Canada, the United States, Puerto Rico, and more than 70 other countries worldwide. The company makes more than 60 unique varieties of cookies and wafers, including an extensive line of sugar-free/no sugar added products. Bag, Pack of 4 -Delicious Sugar Free CookieMade with Real Ingredients, Perfect for SnackTime, Lunches and More 4.1 out of 5 stars 233 $23.99 BEDMINSTER, N.J. — Hostess Brands, Inc. on Jan. 3 finalized the acquisition of Voortman Cookies Ltd. from private equity firm Swander Pace Capital in a transaction valued at approximately $320 million in cash. The Voortman deal allows it to move not only into cookies but also the better-for-you dessert segment. One year after I signed and paid for out of codes( I did not see). 68 (29.0 ¢/oz) Twinkies maker Hostess Brands is acquiring Voortman Cookies, a Canadian cookie and wafer company, from Swander Pace Capital for about $320 million. KANSAS CITY, Mo. Voortman Bakery has a wide selection of cookies to snack on and enjoy! For more information, visit www.voortman.com . For more information, visit www.voortman.com. Hostess Brands Inc has agreed to acquire Burlington, Ontario-based Voortman Cookies, a maker of wafers and cookies, for US$320 million (C$425 … Voortman's cookies are distributed throughout North America by a network of over 500 independent distributors. Voortman Bakery, Burlington, Ontario. According to Nielsen, Canada-based Voortman Cookies is the market leader in crème wafers and sugar-free cookies. … Voortman manufactures wafers, and specialty cookies, including a sugar-free line. Average Rating: ( 4.3 ) out of 5 stars 55 ratings , based on 55 reviews Current Price $2.68 $ 2 . 50 Broad Street, New York, N.Y. 10004. Based in Burlington, Ontario, Voortman brand cookies are sold at retail locations across Canada, the United States, Puerto Rico, and over 70 other countries worldwide. [5] This made Voortman Cookies the first Canadian food company and one of the first in North America to abolish the use of trans-fats in retail food products. Cookies, wafers and more! The company bakes up to 20 million cookies daily and distributes them to more than 50,000 grocery stores throughout Canada and the US. Voortman brand cookies are sold in supermarkets across Canada, the United States, Puerto Rico, and more than 70 other countries worldwide. Voortman Bakery is proud to be on the grocery shelves of many stores across the country. 37 ($0.77/Ounce) Get it as soon as Thu, Dec 3 Voortman has had a compound annual growth rate of 5.1% at stores during the past three years — nearly three times the annual growth of the overall $8.4 billion cookie category. Indulge in something sweet without the sugar! Our bakers approach every recipe and batch of cookies with taste in mind. Hostess Brands — best known for sugary baked treats such as Twinkies — has agreed to acquire the maker of Voortman wafers and sugar-free cookies for $320 million in a move to boost its profile in the fast-growing snacks category. Shop Target for Cookies you will love at great low prices. 1 player in crème wafers and sugar free cookies, as reported by Nielsen for the 52-week period ended Nov. 2, 2019, and has achieved compound annual point-of … Voortman Bakery, Sugar Free Oatmeal Cookies, 8 oz. Voortman Cookies Limited is a Canadian company specializing in the production and sale of cookies. Voortman Bakery, Sugar Free Oatmeal Cookies, 8 oz. Voortman Cookies Limited was founded by brothers William and Harry Voortman. REAL BAKERS. The brand's new logo and packaging was updated to increase their presence on-shelf and excite consumers' taste buds across their entire cookie portfolio. In announcing the acquisition on Monday, Hostess cited Voortman’s “uniquely positioned and differentiated products” and the potential for “greater growth opportunities provided by a more diverse portfolio of brands and products.”. Our Sugar Free Cookies and wafers are perfect for those looking for a no sugar treat. Hostess expects to close the transaction in early January 2020, The younger go getter types that you need to run routes successfully are priced out and you're stuck with older types looking for extra income that … I was hunted down by a lawyer informing me I owed another $1,800. The companies expect the transaction to close in January 2020. [4], In 2003, Voortman Cookies announced that no trans fats would be used in the production of its cookies. Hostess Brands (NASDAQ:TWNK) will acquire Voortman Cookies Limited, a leading and rapidly growing manufacturer of premium, branded wafers as well as sugar-free and specialty cookies, from Swander Pac The "company" sold my franchise I have not received a dime from the sale. Where to buy Voortman Bakery cookies. According to Nielsen, Canada-based Voortman Cookies is the market leader in crème wafers and sugar-free cookies. This item: Voortman Bakery Cookies, Delicious Cookies, Pack of 4 (Windmill) $27.99 ($10.44 / 1 Ounce) Only 2 left in stock - order soon. Founded in 1951, Voortman Cookies has . Voortman Winter Seasonal Holiday Wafer Cookie Variety 3 Pack (10.6 Oz Each) - Chocolate Hazelnut, Chocolate Mint, White Chocolate Cranberry $24.37 $ 24 . —Hostess Brands Inc. will acquire wafer and specialty cookie manufacturer Voortman Cookies Ltd., the companies have announced. ... More recently, Hostess sold Superior Cake Products, Inc. to Sara Lee Frozen Bakery. If you thought only Cookie Monster bought cookies in bulk, talk to the folks at Voortman Cookies. Its store sales grew at a compound rate of 5.1% during the past three years — nearly three times the rate of the overall $8.4 billion cookie category. Their dedication to quality results in exceptional cookies. Product Title Voortman Sugar-Free Pecan Chocolate Chip Cookies, 8 Oz. Voortman Cookies Limited is a Canadian company specializing in the production and sale of cookies. KANSAS CITY — Hostess Brands, Inc. has entered into an agreement to acquire Voortman Cookies Ltd. from the private equity company Swander Pace Capital for approximately $320 million. Voortman Bakery Sugar Free Cookies, Delicious Sugar Free Cookie, Pack of 4 (Sugar Free Shortbread Swirl): Amazon.com: Grocery & Gourmet Food ... Sold by Overstocked Online Dealz and ships from Amazon Fulfillment. Based in Burlington, Ontario, Voortman brand cookies are sold at retail locations across Canada, the United States, Puerto Rico, and over 70 other countries worldwide. Dear Customers, COVID-19 has changed our world, how we live, how we interact with each other and ultimately how we work and do business. Average Rating: ( 4.9 ) out of 5 stars 14 ratings , based on 14 reviews Current Price $2.68 $ 2 . Your email address will not be published. Really Delicious. This estimate is based upon 1 Voortman Cookies Route Sales salary report(s) provided by employees or estimated based upon statistical methods. “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,” CEO Andy Callahan said in a news release. The … [2][3] At this time, Chief Executive Officer Harry Voortman stepped away from daily management but remains on the board of directors. For almost 70 years, Voortman cookies have been a must have for cookie lovers all over North America. . See our cookie flavors here. Free 2-day shipping on qualified orders over $35. As the COVID–19 pandemic continues to evolve, it is important for businesses to ensure they are focusing on their key strengths.For our team at Voortman, this is baking excellent cookies for you, our beloved customers! Bag, Pack of 4 -Delicious Sugar Free CookieMade with Real Ingredients, Perfect for SnackTime, Lunches and More 4.1 out of … As Food Dive reports, “While Hostess’ iconic line of Twinkies, Ding Dongs and coffee cakes is at the company’s core … the company has been bulking up its portfolio to attract consumers in adjacent areas where it didn’t have a major presence.”. In the 2010s, Voortman Cookies makes over 60 varieties of cookies, including lines of creme wafers, sugar free and seasonal products. About Voortman Cookies Limited. Voortman is the No. Required fields are marked *, Copyright © 2020 CFO. Worked as a Dm for Voortman, great quality products but distributorships must be pre-purchase by the potential distributor. The look is consistent across all of Voortman’s wafers and cookies, including the new line extensions. Sold by SNP Products and ships from Amazon Fulfillment. Hostess expects the deal will provide at least $15 million in annual run-rate cost synergies and approximately $20 million of incremental adjusted EBITDA in 2020, growing to $40 to $50 million by 2022. “This acquisition fits well into our long-term growth strategy and we are confident that Voortman will be a great addition to our existing sweet baked goods snacking and breakfast portfolio,” he added. What will happen to the distributors at Voortman? Swander Pace Capital has sold Voortman Cookies Limited to Hostess Brands. Voortman Cookies is a manufacturer of wafers, sugar-free and specialty cookies that is based in Burlington, Ont.