Distressed grocery brand files for Chapter 11 bankruptcy

Cherished retail products once in your time disappear from the market after a commercial commercial undertaking commercial undertaking archives for financial ruin.

One amongst the predominant distinctive manufacturers to disappear, no lessen than temporarily, change into Hostess Brands' products after the commercial commercial undertaking commercial undertaking filed for Chapter 11 financial ruin in 2012. The commercial commercial undertaking commercial undertaking that makes Surprise Bread, Twinkies, Ding Dongs, Ho Ho's and fruit pies had filed Chapter 11 a first-rate time in 2004, when it change into owned with the support of Interstate Bakeries, and re-emerged as Hostess Brands in 2009.

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The commercial commercial undertaking commercial undertaking struggled to make funds on a $seven hundred million personal loan, as neatly as union pension funds, and filed financial ruin a second time in 2012 when owned with the support of inner most fairness industrial college Ripplewood Holdings.

Hostess stopped making its snack cakes in 2012 after filing its petition, style of the reverse hand with the support of July 2013, it resumed baking and selling its products once all over again lower than new ownership. About 10 years later, publicly traded Hostess Brands change into got with the support of J.M. Smucker for $5.6 billion in a deal that closed in November 2023.

In some other occasions, style of the reverse hand, retail products do not disappear after a commercial commercial undertaking commercial undertaking archives financial ruin.

Hudson River Meals archives Chapter 11 financial ruin to reorganize

Reveals healthful meals and drinks producer Hudson River Meals on July 9 filed for Chapter 11 financial ruin repairs inside the U.S. Fiscal ruin Court for the Northern District of New York to reorganize its commercial commercial undertaking.

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The Castleton-on-the-Hudson, N.Y., debtor listed $1 million to $10 million in property and liabilities in its petition. The debtor indicated inside the petition that funds shall be achievable to pay unsecured collectors. The commercial commercial undertaking commercial undertaking did not level out a intent for filing, and did not true now reply to a request for comment.

Hudson River Meals manufactures and distributes more healthful baking products, plant-based drink mixes and other food products with the support of utilising its six retail manufacturers: Cherrybrook Kitchen, European Gourmet Bakery, Hodgson Mill, Dancing Deer Baking Co., Wholesome To Go, and Tempt Hemp.

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The inner most more healthful food commercial commercial undertaking commercial undertaking makes in vogue and unheard of meals with healthful, non-GMO, kosher, vegan, allergen free and superfood alternate preferences. Cherrybrook Kitchen affords gluten-free and everyday cake, brownie and cookie mixes. European Gourmet Bakery sells healthful cake, icing, muffin, brownie, cookie, German streusel, and pudding mixes. Hodgson Mill markets gluten-free pancake and waffle, yellow cornbread, chocolate cake and brownie mixes.

Dancing Deer Baking Co. sells a range of cookies and cakes and present packing containers and baskets for unheard of activities. Merchandise are kosher, and gluten-free products come in. Hudson River Meals also markets a model of hemp food and beverage products with the support of utilising its Tempt Hemp Merchandise line, and a range of beverage mixes with the support of utilising its Wholesome To Go college.

Hudson River Meals products are supplied nationwide with the support of utilising 11 grocers, together with Publix, Kroger (KR) , Amazon's (AMZN) Entire Meals, Sprouts Farmers Market (SFM) , HyVee, Finish & Preserve, Principal Market, Herbal Grocers, Raley's and Mother's Market & Kitchen.

To start up off with acknowledged as Wholesome Brands Collective, the commercial commercial undertaking commercial undertaking modified its name in 2017 to Hudson River Meals after it moved its headquarters and manufacturing plant to Castleton, just south of Albany, N.Y. The a hundred,000 sq. foot slicing-edge manufacturing plant replaced an older, old-fashioned and polluting manufacturing plant with an environmentally aware natural and healthful meals plant, the commercial commercial undertaking commercial undertaking's web pages on-line spoke of.

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