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Food & Beverage M&A image Food & Beverage M&A » By The Online Investor Staff, updated Wed., Aug. 5, 2:54 PM Recent mergers and acquisitions in the Food & Beverage M&A category.

Slide #57. Flowers Foods 20 Hostess Bakeries And 5 Bread Brands

Acquirer: Flowers Foods (NYSE:FLO)
Acquiree: 20 Hostess Bakeries And 5 Bread Brands
Details: Flowers Foods (NYSE: FLO) today announced the completion of its acquisition of bread assets, including 20 bakeries; the Wonder, Merita, Home Pride, Butternut, and Nature's Pride brands; and 36 depots from Old HB, Inc. (formerly Hostess Brands). The adjusted purchase price was $355 million.

Flowers Foods produces a range of breads, buns, rolls, snack cakes, and tortillas and is a producer and marketer of packaged bakery foods in the United States. Co. also sells returned and surplus product through a system of thrift stores. Co. supplies national and regional restaurants, institutions and foodservice distributors, and retail in-store bakeries with breads and rolls; sells packaged bakery products to wholesale distributors for sale to a variety of food outlets; and sells packaged snack cakes primarily to customers who distribute them nationwide through various channels of distribution, including merchandisers, supermarkets, vending outlets and convenience stores.

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Company Name: 
Flowers Foods, Inc.
Stock buyback: 
FLO buyback
Food & Beverage
Number of ETFs Holding FLO: 
Total Market Value Held by ETFs: 
Total Market Capitalization: 
% of Market Cap. Held by ETFs: 

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