KANSAS CITY, Mo. — Flowers Foods here has bid to acquire several of the bread brands and baking facilities from Hostess Brands for up to $390 million. The company said it has offered $355 million for the Wonder, Butternut, Home Pride, Merita and Nature’s Price bread brands, along with 20 bakeries, 38 depots and other assets. That could be increased to $360 million if certain licensing rights are included. It also bid another $30 million for the Beefsteak bread ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.