M&A Deal Summary |
|
|---|---|
| Date | 2022-12-13 |
| Target | Papa Pita Bakery |
| Sector | Food |
| Buyer(s) | Flowers Foods |
| Deal Type | Add-on Acquisition |
| Advisor(s) | BofA Securities (Financial) Kirton McConkie (Legal) |
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| Category | Company |
|---|---|
| Founded | 1919 |
| Sector | Food |
| Employees | 9,200 |
| Revenue | 5.1B USD (2023) |
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 | 14 of 14 |
| Sector (Food) | 14 of 14 |
| Type (Add-on Acquisition) | 11 of 11 |
| State (Utah) | 1 of 1 |
| Country (United States) | 14 of 14 |
| Year (2022) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-07-12 |
Base Culture
Clearwater, Florida, United States Base Culture proudly produces high-quality breads and baked goods made with clean ingredients for consumers seeking deliciously nourishing, satisfying options. All Base Culture products are 100% Paleo-certified, gluten-free, grain-free, non-GMO and kosher. The company also has 100% Keto-certified options in its sliced breads and almond butter product lines. Everything is made in-house at the Base Culture’s manufacturing plant to ensure that product quality is held to the highest of standards. Its products are available nationally at stores including Whole Foods Markets, Kroger, Publix, and Albertsons/Safeway. Base Culture is based in Clearwater, Florida. |
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