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
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
US-based baking company Flower Foods has acquired the perpetual, exclusive, and royalty-free licenses to the Sara Lee and Earthgrains brands for sliced breads, buns, and rolls in California from Grupo Bimbo's subsidiary BBU for an ...
Tags: baking company, Flower Foods, Sara Lee, Earthgrains brands
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
Nature's Own, the bread brand owned by US-based Flower Foods, has added Oatmeal Toasters to its line of Special Morning breakfast items. The company noted that Oatmeal Toasters, which are square shaped, are a bit smaller than a slice of ...
Tags: breakfast items, whole grains, real oats, sweet fruit
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
Hostess Brands, a producer of bakery products in the US, has received clearance from the US Bankruptcy Court in New York to shut down the business and sell its assets. US Bankruptcy Judge Robert Drain authorized the liquidation process ...
Tags: Hostess Brands, Bankruptcy, BCTGM, 18500 employees
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