FLOWERS FOODS, INC. TO ACQUIRE SIMPLE MILLS

Jan 8, 2025 · Premium brand of better-for-you crackers, cookies, snack bars, and baking mixes expected to spur growth and diversify revenue base THOMASVILLE, Ga. and CHICAGO, Ill. – …

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Simple Mills To Be Acquired By Flowers Foods In $795 Million All …

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Jan 8, 2025 · Ropes & Gray represented Simple Mills in a definitive agreement to sell the company to Flowers Foods, Inc. (NYSE: FLO) for $795 million in cash. The acquisition was …

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Flowers Foods Adding Simple Mills | Baking Business

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Jan 8, 2025 · Simple Mills products are marketed in more than 30,000 stores nationwide and the company had sales of approximately $240 million in 2024, according to Flowers Foods. “This …

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Bakery Giant Flowers Foods Agrees To Acquire Simple Mills For …

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Jan 8, 2025 · Flowers Foods (NYSE: FLO), a Georgia-based bakery giant, agreed to acquire better-for-you baked goods brand Simple Mills for $795 million in cash. ... Catch up quick: …

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Flower Foods To Acquire Simple Mills For $795 Mln In Cash

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Jan 8, 2025 · (RTTNews) - Flowers Foods, Inc. (FLO), Wednesday announced an agreement to acquire Simple Mills, a provider of organic food items, for $795 million in cash. The acquisition …

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Flowers Foods Will Buy Simple Mills For $795 Million

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Jan 8, 2025 · The acquisition will take Flowers into new categories of crackers, cookies, snack bars and baking mixes. Big baker Flowers Foods Inc. today (Jan. 8) announced an agreement …

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Flower Foods To Acquire Simple Mills For $795M

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6 days ago · Simple Mills is estimated to have generated 2024 net sales of $240 million, representing 14% growth compared to the prior year. Related: Hershey CEO Stepping Down …

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Flowers Foods, Inc. To Acquire Simple Mills - Savannah CEO

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6 days ago · Flowers Foods, Inc. announced that it has entered into a definitive agreement to acquire Simple Mills for $795 million in cash. The addition of Simple Mills expands Flowers' …

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Flowers Foods To Acquire Simple Mills For $795M In Cash

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Jan 8, 2025 · Flowers Foods announced that it has entered into a definitive agreement to acquire Simple Mills for $795M in cash. The addition of Simple Mills expands Flowers’ exposure to …

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Flowers Foods Acquired Simple Mills - Lilsipper

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Jan 9, 2025 · 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 …

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Simple Mills Gluten Free Food Company Acquired For $795 Million

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Jan 8, 2025 · Flowers Foods, Inc., a leading producer of packaged bakery foods, and owner of other popular gluten free brand Canyon Bakehouse, has announced a definitive agreement to …

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Flowers Foods To Acquire Simple Mills For $795 Million

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Jan 8, 2025 · THOMASVILLE, GA and CHICAGO — Flowers Foods, parent company to brands such as Dave’s Killer Bread and Nature’s Own, has entered a definitive agreement to acquire …

commercialbaking.com

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Flowers Foods To Acquire Simple Mills For $795m | FoodBev Media

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6 days ago · Founded in 2012, Simple Mills produces better-for-you crackers, cookies, snack bars and baking mixes. The brand focuses on nutrient-dense ingredients like nut, seed and …

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Flowers Foods To Acquire Simple Mills - Food & Drink International

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6 days ago · Flowers Foods has entered into a definitive agreement to acquire Simple Mills for $795 million. Friday, January 10, 2025. Contact. Suppliers Guide ... The addition of Simple …

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Flower Foods' Deal For Simple Mills Is More Of A Growth Play

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Jan 8, 2025 · Flowers Foods (NYSE:FLO) started off the new year with an M&A deal. The company snapped up Simple Mills for $795 million in cash. Founded in 2012 by Katlin Smith, …

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FAQs about FLOWERS FOODS, INC. TO ACQUIRE SIMPLE MILLS Coupon?

Did Flowers Foods buy Simple Mills for $795 million?

Flowers Foods (NYSE: FLO) started off the new year with an M&A deal. The company snapped up Simple Mills for $795 million in cash. Founded in 2012 by Katlin Smith, Simple Mills is a market-leading natural brand offering premium better-for-you crackers, cookies, snack bars, and baking mixes. ...

Will Simple Mills expand Flower Foods' 'better-for-You' segment?

The addition of Simple Mills is expected to expand Flower Foods' (NYSE: FLO) exposure to "better-for-you and attractive snacking segments" and enhance the company's growth and margin prospects. During a conference call, Flower Foods (FLO) management noted that Simple Mills has seen sales grow at a ~28% CAGR from 2019-2024. ...

Does Simple Mills' acquisition push Flower foods more into snacking?

Jefferies analyst Rob Dickerson said the acquisition of Simple Mills pushes Flower Foods (FLO) more into snacking, which he thinks fits the recent narrative from management. "Bread is not necessarily a growth category, and this deal positions the company more in higher growth/margin potential categories," highlighted Dickerson. ...

What happened to Simple Mills?

After closing, Simple Mills will operate as an independent subsidiary of Flowers Foods (FLO) and continue to be led by founder and CEO Katlin Smith and her leadership team. Simple Mills will maintain its operations in Chicago, Illinois and Mill Valley, California. ...

Is Flowers Foods a good stock to buy in 2026?

The transaction is expected to be accretive to Flowers' earnings per share in 2026, and immediately accretive to net sales, and adjusted EBITDA growth, and adjusted EBITDA margins on a pro-forma basis. In the pre-market hours, Flowers Foods's stock is trading at $20.20, up 0.47 percent on the New York Stock Exchange. ...

Is simple Mills a growth play or a synergy play?

During a conference call, Flower Foods (FLO) management noted that Simple Mills has seen sales grow at a ~28% CAGR from 2019-2024. The deal was called more of a growth play than a synergy play. The deal is seen being immediately accretive to net sales and adjusted EBITDA growth and adjusted EBITDA margins on a pro forma basis. ...