M&A Deal Summary

Flowers Foods Acquires Derst Baking

On February 18, 2006, Flowers Foods acquired food company Derst Baking

Acquisition Highlights
  • This is Flowers Foods’ 3rd transaction in the Food sector.
  • This is Flowers Foods’ 3rd transaction in the United States.
  • This is Flowers Foods’ 1st transaction in Georgia.

M&A Deal Summary
Date 2006-02-18
Target Derst Baking
Sector Food
Buyer(s) Flowers Foods
Deal Type Add-on Acquisition

Target

Derst Baking

Savannah, Georgia, United States
Derst Baking Co., provides bakery foods.

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Buyer(S) 1

Buyer

Flowers Foods

Thomasville, Georgia, United States
Category Company
Founded 1919
Sector Food
Employees9,200
Revenue 5.1B USD (2023)
DESCRIPTION

Flowers Foods is a producer of fresh packaged bakery foods. Flowers operates bakeries across the country that produce a wide range of bakery products. Flowers Foods was founded in 1919 and is based in Thomasville, Georgia.

DEAL STATS #
Overall 3 of 14
Sector (Food) 3 of 14
Type (Add-on Acquisition) 2 of 11
State (Georgia) 1 of 1
Country (United States) 3 of 14
Year (2006) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-09-01 Royal Cake

Winston-Salem, North Carolina, United States

Royal Cake Co., Inc., produces cookies, cereal bars and creme-filled cakes that are sold under the Royal, Bakers Best, and private label brands.

Buy $10M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-08-04 Butterkrust Bakery

Lakeland, Florida, United States

Butterkrust Bakery, Inc., serves fresh breads and rolls to the supermarket and institutional accounts. Butterkrust's brands include Sunbeam, Rich Harvest, and Country Hearth brands.

Buy -
Mergr

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