Hostess Properties In Utah Get New Buyers

Hostess Brands’ assets are being sold piecemeal nationwide in bankruptcy proceedings, with one bidder waiting for approval to take over the bakery in Ogden and another set to reopen several Utah facilities in mid-May, but not under the Hostess name.

For Utah consumers, the move will not result in Hostess snacks and sweets returning to shelves any time soon, but they will see goods from one of the West Coast’s largest bakeries for the first time.

United States Bakery of Portland-Ore., better known as Franz Bakery, has received approval from the U.S. Bankruptcy Count in Manhattan to buy the Salt Lake bakery, five depots and seven stores in the state.

The other firm, Georgia-based Flowers Foods, is waiting for approval to buy the Ogden plant, 19 other U.S. bakeries and several Hostess brands, including Wonder bread. Flowers has declined to detail its plans because of an antitrust review by federal regulators, which could take months to complete.

To read the rest of the story, please go to: The Salt Lake Tribune