M&A Deal Summary

Flowers Foods Acquires Holsum Bakery

On August 11, 2008, Flowers Foods acquired food company Holsum Bakery

Acquisition Highlights
  • This is Flowers Foods’ 5th transaction in the Food sector.
  • This is Flowers Foods’ 5th transaction in the United States.
  • This is Flowers Foods’ 1st transaction in Arizona.

M&A Deal Summary
Date 2008-08-11
Target Holsum Bakery
Sector Food
Buyer(s) Flowers Foods
Deal Type Add-on Acquisition

Target

Holsum Bakery

Phoenix, Arizona, United States
Holsum Bakery, Inc., is a provider of high quality breads and rolls.

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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 5 of 14
Sector (Food) 5 of 14
Type (Add-on Acquisition) 4 of 11
State (Arizona) 1 of 2
Country (United States) 5 of 14
Year (2008) 2 of 2
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-19 Leo s Foods

Fort Worth, Texas, United States

Leo's Foods, Inc., makes an extensive line of flour and corn tortillas and tortilla chips.

Buy -
Mergr

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