:. Food Industry News

Categories: Mergers and Acquisitions

Flowers Foods Completes Merger with Holsum Bakery of Phoenix

Source: Flowers Foods, Inc.
12/08/2008

Thomasville, Ga., Aug. 11 - Flowers Foods, Inc. today announced the completion of its merger with Holsum Bakery, Inc. Holsum will operate as a subsidiary of Flowers under its current name and with its existing management team.

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    Established in 1881, Holsum Bakery operates profitably on annualized sales of approximately $146 million from its two bakeries in the Phoenix area. The company sells its Holsum, Aunt Hattie's, and Roman Meal fresh breads and rolls through independent distributors that serve retail and foodservice customers in Arizona, New Mexico, southern Nevada and Southern California.

    Headquartered in Thomasville, Ga., Flowers Foods, with annual sales of over $2.02 billion, is one of the nation's leading producers and marketers of packaged bakery foods for retail and foodservice customers. With the Holsum acquisition completed, Flowers now operates 39 bakeries that produce a wide range of bakery products marketed throughout the Southeastern, Southwestern, and mid-Atlantic states via an extensive direct-store-delivery network and nationwide through other delivery systems. Among the company's top brands are Nature's Own, Whitewheat, Cobblestone Mill, Sunbeam, Holsum, Aunt Hattie's, Blue Bird, and Mrs. Freshley's.



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