US-based Flowers Foods has completed the acquisition of organic bread producer Dave's Killer Bread (DKB) for approximately $275m in cash. The acquired entity will run as an independent subsidiary of Flower Foods. In August, the company ...
Tags: Flowers Foods, DKB, packaged bakery foods
Flowers Foods, the nation's second-largest producer and marketer of fresh packaged bakery foods, reported results for its 16-week first quarter ended April 19, 2014. First quarter sales increased 2.6% compared to the first quarter last ...
US-based Flowers Foods has received regulatory approval to complete the acquisition of certain bread brands and assets of Old HB, formerly known as Hostess Brands. The deal, which is expected to be completed in the coming weeks, includes ...
Tags: Flowers Foods, bread
US-based baking company Flower Foods has reported that its net earnings for the first quarter of 2013 increased to $113.2m, compared with $37.9m for the same period in 2012. The increase in net income was driven by acquisition related ...
Tags: Flower Foods, Net Earnings
Packaged bakery foods producer in the US, Flowers Foods has unveiled a new packaging look for its Mrs. Freshley's brand of snack cakes with a modern design. According to the company, the revamped packaging provides product descriptions ...
Tags: Flowers Foods, Packaging, Snack Cakes Brand
Flowers Foods, a US-based producer and marketer of packaged bakery foods, has appointed Allen L Shiver as chief executive officer and president, effective 22 May 2013. Shiver has worked for over 33 years with Flowers Foods and currently ...
Tags: Flowers Foods, packaged bakery foods, CEO
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
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