US-based baking company Flower Foods has signed two agreements to acquire certain bakery assets of Hostess Brands. The value of the total deal is approximately $390m. One of the agreements includes purchase of the Wonder, Nature's Pride, ...
Tags: US, Flower Foods, agreements, bakery assets, Hostess Brands
US retailers Wal-Mart Storesand Kroger are understood to be one of a number of bidders for the assets of US baker and Twinkies owner Hostess Brands. Hostess last month received court permission to wind down its business and sell ...
Tags: WalMart, Hostess Brands, bid, company news
Hershey and US baker Flowers Foods have teamed up to develop cakes for Hallowe'en in the US. The companies have launched Kandy Bar Kakes, a product they describe as "the perfect blend of cake and candy". Lines include S'mores Kandy Bar ...
Tags: Cakes, Kandy Bar Kakes, peanut butter
US baker Flowers Foods has reported a slight lift in third-quarter earnings, which were boosted by "solid" sales gains. In a regulatory filing yesterday (8 November) the company said net income rose to US$31.2m in the three months to 6 ...
Tags: baker Flowers, Flowers Foods, Flowers, Foods
US baker Flowers Foods has changed its forecast for annual earnings, pointing to "heightened" competition and "challenging" trading conditions. Flowers expects adjusted earnings per share to increase by 3.5% to 8% in 2012, including the ...
US-based baking company Flower Foods has agreed to acquire certain bakery assets and trademark licenses from BBU, a subsidiary of Mexico-based Grupo Bimbo, for an undisclosed amount. The deal has received clearance from the United States ...
Tags: certain bakery assets, Flowers Foods, breads and rolls
Flowers Foods has acquired the licence to the Earthgrains and Sara Lee brands in California from Grupo Bimbo. The US bread maker has predicted consolidation in the US bakery sector and is looking to build its geographic reach by ...
Tags: Flowers Foods, bread maker, food, sliced bread, buns, rolls
Tastykake,a subsidiary of Flowers Foods,has partnered with US chocolate firm Hershey to introduce new Kandy Bar Kakes,which combine both cake and candy. The new Kandy Bar Kakes are made with real quality ingredients and feature Hershey's ...
Tags: cake, candy, Kandy Bar Kakes, bakeries