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baker Flowers
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Shiver Has Been Named The Company's New CEO
Feb 19, 2013Allen Shiver, president of US baker Flowers Foods, has been named the company's new CEO. Shiver, who has spent over three decades at Flowers, will replace George Deese in May. Deese, also Flowers chairman, will become executive chairman. ...
Tags: Allen Shiver, US baker Flowers Foods, CEO
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Flowers Foods Has Delayed Issuing Guidance for 2013
Feb 13, 2013US baker Flowers Foods has delayed issuing guidance for 2013 until the outcome of its attempt to buy various assets, including bread operations from Hostess Brands, is clear. The company has been named the "stalking horse" bidder for ...
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A Consortium of Two Private-Equity Firms Has Emerged as The Lead Bidder
Feb 1, 2013A consortium of two private-equity firms has emerged as the lead bidder for the majority of Hostess Brands' cake business, including the Twinkies brand. Apollo Global Management and Metropoulos submitted a US$410m offer for the Hostess ...
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Flowers Foods Has Reached an Agreement with Hostess Brands
Jan 16, 2013US baker Flowers Foods has reached an agreement with Hostess Brands to acquire its Wonder, Nature's Pride, Merita, Home Pride and Butternut bread brands for around US$360m. Flowers has emerged as the "stalking horse" bidder that, if the ...
Tags: US, baker, Flowers Foods, Hostess Brands
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US Baker Flowers Foods Has Reached an Agreement with Hostess Brands Regarding Acquisition
Jan 15, 2013US baker Flowers Foods has reached an agreement with Hostess Brands to acquire its Wonder, Nature's Pride, Merita, Home Pride and Butternut bread brands for around US$360m. Flowers will also take on 20 of Hostess' bakeries and ...
Tags: US, baker, Flowers Foods, Hostess Brands
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Hershey and Flowers Foods Have Teamed up to Develop Cakes for Hallowe'en in The US
Dec 11, 2012Hershey 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
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US Baker Flowers Foods Has Reported a Slight Lift in Third-Quarter Earnings
Dec 11, 2012US 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
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Flowers Foods Has Changed Its Forecast for Annual Earnings
Dec 11, 2012US 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 ...
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