Add-on Acquisition • Food

Flowers Foods Acquires Holsum Bakery

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

Acquisition Context
  • 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.

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M&A Deal Summary

Date August 11, 2008
Target Holsum Bakery
Sector Food
Buyer(s) Flowers Foods
Deal Type Add-on Acquisition

Target Company

Holsum Bakery

Phoenix, Arizona, United States
Holsum Bakery, Inc., is a provider of high quality breads and rolls.
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Buyer Overview 1

Buyer

Flowers Foods

Thomasville, Georgia, United States

Category Company
Founded 1919
Sector Food
Employees10,200
Revenue 5.1B USD (2024)
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 Context for Buyer #
Overall 5 of 16
Sector: Food 5 of 16
Type: Add-on Acquisition 4 of 12
State: Arizona 1 of 2
Country: United States 5 of 16
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 -