Posted inFood Hostess Brands JM Smucker Company Mergers, Acquisitions and Divestitures Snack Foods Smucker’s Buys Twinkie Owner Hostess Brands for $5.6 Billion J.M. Smucker, the maker of jellies, Jif peanut butter and Uncrustables, agreed to take over Hostess Brands, adding Twinkies, Ho Hos and Ding Dongs to its portfolio of snacks. Posted by By J. Edward Moreno