Flowers Foods

Flowers Foods (NYSE: FLO), headquartered in Thomasville, Ga., is a leading producer and marketer of packaged bakery foods in the United States. The company operates 47 highly efficient bakeries that produce breads, buns, rolls, snack cakes, and pastries, which are distributed fresh to retail and foodservice customers in the East, South, and Southwest through a network of independent distributors, and frozen to national retail and foodservice customers.

Robert Benton

Executive Vice President of Network Optimization

William Howard Flowers

Founder

Michael Hagerty - Atlanta, GA

Vice President of Safety and Security

14 past transactions

Koffee Kup Bakery

Acquisition in 2021
Cherie Roberge emigrated from Canada in 1925, settling in Troy, Vermont. He opened a small bakery, making bread and rolls which he delivered to local stores via horse-drawn wagon.

Alpine Valley Bread Company

Acquisition in 2015
Alpine Valley Bread Company produces a wide variety of organic, whole grain bakery products. Popularity grew and one year later, alpine products were being sold in grocery stores! Since that time, Alpine Valley Bakery has become a nationally distributed brand, sold in Costco, Sam’s Club, Kroger, Sprouts, and many other stores throughout the country.

Dave’s Killer Bread

Acquisition in 2015
Dave's Killer Bread is built on the Dahl family legacy – a rich history of bold baking methods, strong family values, and seeing the good in people. We are best-known for making killer, nutritious organic bread.

Sara Lee Corporation

Acquisition in 2013
Sara Lee Corporation is a U.S.-based producer of frozen baked goods, fresh and processed meats, coffee, hosiery and knitwear, and household and shoe-care products. The company is headquartered in Downers Grove, Ill. The company was incorporated in 1939 by Nathan Cummings who bought C.D. Kenny Company, a small wholesale distributor in Baltimore. The company went through several name changes before it adopted the name Consolidated Grocers Corporation in 1945 and Consolidated Foods Corporation in 1954. In 1956, Consolidated Foods purchased a bakery company, Kitchens of Sara Lee (founded 1935), and in 1985 the entire corporation took the name Sara Lee. Sara Lee is the largest producer of frozen baked goods in the United States. The company’s Douwe Egberts subsidiaries are major marketers of coffee in Europe, and its Hanes hosiery and underwear are major product lines in the United States. The company also manufactures shoe polish and other personal-care products under the Kiwi label. After a period of diversification in the 1990s, the company sold off several subsidiaries in the early 2000s to focus on smaller packaged-goods segments, such as foods and beverages, household products, and underwear and intimates. In 2001 Sara Lee launched the Sara Lee Bakery Group, a company that manufactures and distributes fresh-baked goods. Sara Lee has plants operating in more than 40 countries worldwide.

Lepage Bakeries

Acquisition in 2012
Lepage Bakeries is a privately held baking company, engages in the manufacture and sale of breads. rolls. Lepage, a strong regional baker that serves New England and New York. Lepage operates two bakeries in Maine and one in Vermont with fresh breads, buns, rolls, croissants, English muffins, and donuts.

Tasty Baking Company

Acquisition in 2011
Tasty Baking Company is a privately held company produces and sells sweet baked goods in the United States. It manufactures, co-packages, and sells various single portion cakes, pies, donuts, snack bars, pretzels, and brownies under the TASTYKAKE trademark. Tasty abking also offers sponge cakes marketed under the JUNIORS and KRIMPETS trademarks; and chocolate enrobed cakes under the KANDY KAKES trademarks.

Leo's Foods, Inc.

Acquisition in 2009
Leo's Foods operates as a subsidiary of Flowers Bakeries under its current name and will continue to serve existing customers with quality tortilla products. The company makes an extensive line of flour and corn tortillas and tortilla chips that are sold to foodservice and institutional customers nationwide under Leo's, Juarez, and customer brands. It was founded in 1978 by Leo Jimenez and Sule Jimenez, recognized leaders in the tortilla industry, who serve as president and finance executive, respectively.

ButterKrust Bakery

Acquisition in 2008
ButterKrust Bakery, which operates profitably on annualized sales of approximately $70 million, is a privately-owned business with one bakery in Lakeland that employs 368 people. ButterKrust sells its fresh breads and rolls throughout Florida. The company sells its products under the Country Hearth, Rich Harvest, and Sunbeam brands as well as store brands.

Holsum Bakery

Acquisition in 2008
Holsum Bakery is a manufacturer and supplier of bread, buns, and rolls. It also offers its products through retail grocers, convenience stores, restaurants, hospitals, hotels, military bases, fast food establishments, and trading posts.

Derst Baking Company

Acquisition in 2006
Derst Baking Company (“Derst”), a Savannah, Georgia-based bakery. Derst produces breads and rolls for customers and consumers in South Carolina, eastern Georgia and north Florida.

Royal Cake Company

Acquisition in 2005
The Royal Cake Company, one of the oldest and largest bakeries in the United States, was established in Winston-Salem in 1925 as Easley Cookie Company, with David W. Easley as owner. Royal Cake Company, Inc. (“Royal”), a Winston-Salem, North Carolina based bakery. Royal produces cookies, cereal bars and creme-filled cakes.

Bishop Baking Company, Inc.

Acquisition in 2002
Bishop Baking Company, with annual sales of approximately $30 million, operates one bakery in Cleveland. Bishop's products, a line of fresh snack cake items, are distributed nationwide.nc.

Ideal Baking Company

Acquisition in 2002
Ideal Baking Company, which has annual sales of approximately $15 million, is a family-owned business with a bakery in Batesville. The company employs 280 people and operates about 75 bakery routes that serve customers in northern Arkansas, southern Missouri and in Memphis with fresh breads and rolls.

Kotarides Baking Company

Acquisition in 2001
Kotarides Baking Company in Norfolk, Virginia, which distributes breads and buns under the Mary Jane brand. The company recorded this trademark as an indefinite-lived intangible asset, with a carrying value of $3.3 million.
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