Egypt's foodmaker Edita signs $12 mln contracts with Hostess Brands

April 20, 2015 9:49 AM

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CAIRO, April 20 (Reuters) - Egyptian foodmaker Edita signed two contacts worth $12 million with U.S.-based Hostess Brands LLC to buy the manufacturing rights of 11 new products and expand distribution, it said in a statement on Monday.

Hostess, is one of the largest wholesale bakers and distributors of breads and snack cakes in the United States and makes the well-known Twinkies and Ding Dongs snacks. It was bought by private equity groups in 2013.

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