Flowers Foods finalizes purchase of gluten-free baker

Dec 17, 2018 · THOMASVILLE, GA. — Flowers Foods, Inc. on Dec. 14 finalized its $205 million acquisition of Canyon Bakehouse L.L.C., a privately-held, gluten-free baking company based in Johnstown, Colo. Canyon ...

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Flowers Foods Finalizes Purchase Of Gluten-free Baker

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foodbusinessnews.net

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Flowers Foods Finalizes Purchase Of Gluten-free Baker

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Dec 17, 2018 · — Flowers Foods, Inc. on Dec. 14 finalized its $205 million acquisition of Canyon Bakehouse L.L.C., a privately-held, gluten-free baking company based in Johnstown, Colo. …

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Flowers Foods Buys Gluten-free Canyon Bakehouse For $205M

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Nov 8, 2018 · In a separate announcement, Flowers Foods announced it acquired gluten-free bakery Canyon Bakehouse LLC for $205 million. “Extending our portfolio into adjacent product …

fooddive.com

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Simple Mills Gluten-free Brand Acquired By Flowers Foods | Crain's ...

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Jan 8, 2025 · Simple Mills, a maker of gluten-free snacks and baking mixes, is being acquired for nearly $800 million in cash by Flowers Foods, a baking giant that makes Wonder bread, …

chicagobusiness.com

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Flowers Foods Acquires Simple Mills | Experience | Jones Day

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Jones Day is advising Flowers Foods, Inc. in the $795 million acquisition of Simple Mills, Inc., a leading provider of gluten-free baking mixes, crackers, cookies, and snack bars made with …

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Flowers Foods Strengthens Portfolio With Acquisition Of Simple …

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DKB, a top-performing brand, achieved $1 billion in retail sales in 2023, while Canyon Bakehouse has propelled Flowers into the gluten-free bakery space. The company’s Nature’s Own brand …

msn.com

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Flowers Foods Acquired Simple Mills - Lilsipper

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6 days ago · About three months after PepsiCo purchased Siete Foods for $1.2 billion, another big deal shakes up the natural and organic products industry, with Wednesday, January 8th’s …

lilsipper.com

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Wonder Bread Owner Buys Simple Mills For $795M | Food Dive

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6 days ago · Flower Foods' purchase of the better-for-you snack maker is meant to improve its growth prospects while diversifying its portfolio with the addition of crackers, cookies, snack …

fooddive.com

FAQs about Flowers Foods finalizes purchase of gluten-free baker Coupon?

How many bakeries does Flowers Foods have?

The company operates about four dozen bakeries, making the company the 2nd largest baked goods business in the US. The company claims a 16% market share in the bread business, with Flowers Foods trailing BBU, and for the remainder largely competing against smaller brands and private label brands. ...

Did Flowers Foods (Flo) bake after a tough quarter?

Learn More » In the summer of 2023, I believed that shares of Flowers Foods (NYSE: FLO) were baked after a tough quarter. Lackluster organic growth, both in terms of sales and earnings, combined with a steep dividend payout yield, created few reasons to be upbeat at a 20 times earnings multiple at the time. ...

Is Flowers Foods a Bread Company?

Flowers Foods is a bread business with origins dating back to 1919, after which the company went public in 1968, as a string of more than 100 deals made Flowers Foods become a leading bread business. The company operates about four dozen bakeries, making the company the 2nd largest baked goods business in the US. ...

Is Flowers Foods a keto-friendly company?

Innovation has been a cornerstone of Flowers Foods' strategy. The launch of keto-friendly products, including Nature’s Own keto bread, has resonated with consumers, driving significant share gains in the sub-category. Building on this momentum, the company plans to introduce keto hamburgers and hotdog buns in 2024 and 2025. ...

Are North Jersey bakeries gluten-free?

Luckily, numerous North Jersey bakeries are now stocked full of gluten-free options, but finding fully gluten-free bakeries might be a challenge. Yet, there is no need to worry about cross-contamination, because there isn’t a crumb of gluten in any of the places we have rounded up. ...

Should Flowers Foods be a GDP-like business?

The positioning means that Flowers Foods should more or less be a GDP alike business, yet different consumer tastes and preferences for other food categories and fresh products have hurt the performance of the business. ...