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Flowers bent on more M&AFocus: M&A remains core for acquisitive Flowers

25 March 2014

Flowers Foods, the second-largest bakery group in the US, has been an active consolidator in the industry and the group remains on the hunt. Flowers plans to drive continued growth while also expanding its geographic footprint, with a significant proportion of revenue gains to come from M&A. Katy Askew reports.

US: Flowers licenses Wonder, Home Pride to Aunt Millie's in Midwest

6 March 2014

Flowers Foods has inked a deal that provides Indiana-based baker Aunt Millie's Bakeries the license to produce and market Wonder and Home Pride breads in parts of the Midwest.

US: Hostess Brands to expand capacity

13 December 2013

The recently-revived US baker Hostess Brands is to increase capacity at a plant in Kansas.

US: Flowers to open former Hostess plant

10 October 2013

US baker Flowers Foods is to re-open a plant formerly owned by rival Hostess Brands, which was wound down earlier this year.

Editor's choice: the highlights on just-food last week

19 August 2013

Fonterra again dominated the headlines as it grappled with the fall-out of the botulism scare. Import bans mounted and a senior executive resigned. Elsewhere, Heinz announced its first cuts since the takeover of the business, Campbell Soup Co. announced talks to sell a clutch of European assets and US group Pinnacle Foods snapped up Unilever's Wish-Bone dressings business.

On the money: Flowers eyes new markets before bakery reopenings

14 August 2013

Flowers Foods will look at new markets for its enlarged portfolio of bread brands to boost volumes before it considers reopening the former Hostess Brands bakeries it acquired earlier this year.

US: Acquisitions boost Flowers Foods H1 earnings

13 August 2013

US baker Flowers Foods saw its earnings and sales climb in the first half, boosted by gains from recent acquisitions.

US: Hostess owners to invest in new and existing facilities

16 July 2013

The owners of the new Hostess Brands are to invest around US$100m in the upgrade of its facilities and the building a new plant.

UK/EGYPT: PE firm Actis invests in snack firm Edita

27 June 2013

UK private-equity firm Actis has acquired a 30% stake in Egypt-based snack food group Edita Food Industries.

On the money: Flowers confident on cakes ahead of Hostess return

17 May 2013

US baker Flowers Foods has said it is "confident" its snack cake business will continue to thrive even as the new-look Hostess Brands returns to the market, with products including Twinkies.

US: Acquisition boosts Flowers Foods Q1

16 May 2013

US baker Flowers Foods recorded an increase in earnings in the first quarter driven by gains from a recent acquisition.

The week ahead - Wal-Mart Q1s, Post Holdings H1, ProTerra conference

13 May 2013

US breakfast cereal group Post Holdings kicks off a relatively quieter week of results with its half-year numbers on Monday. On Tuesday, meat giants Marfig and JBS will report on how it fared in the first three months of the year - as will Wal-Mart on Thursday. The week also includes an international conference in the Netherlands looking at the sustainable cultivation of soy.

US: Hostess Brands to open more plants as returns to production

29 April 2013

The new Hostess Brands has announced plans to re-open plants in Indiana and Illinois as the US baker looks to rebuild its production network.

US: Hostess relaunches bakery production

24 April 2013

Hostess Brands - a new company formed by private-equity owners following the auction of assets owned by the US baker of the same name - is preparing to relaunch bakery operations.

Editor's choice: the highlights on just-food last week

25 March 2013

Last week saw the just-food team hitting the streets to bring you coverage from two key events in the industry calender: the IFE trade show in London and the Consumer Analyst Group of Europe (CAGE) conference.

US: Flowers Foods sales climb, "well-positioned" for growth

21 March 2013

US baker Flowers Foods said its sales are up year-to-date and that the company is "well-positioned" for accelerated growth in 2013.

US: Hostess disposals get green light

20 March 2013

Hostess Brands has received court approval to proceed with the sale of a swathe of brands, including Twinkies and Wonder Bread, in a series of deals worth around US$800m.

US: Hostess to start auction for batch of bread brands

15 March 2013

US baker Hostess Brands, which is selling off its assets, will start an auction for brands including Sweetheart and Standish Farms after getting a series of offers.

US: McKee Foods to buy Hostess cake brand Drake's

15 March 2013

Privately-owned US group McKee Foods looks set to be the latest buyer of assets from bakery giant Hostess Brands.

US: Metropoulos, Apollo acquire Hostess snack cake unit

12 March 2013

Private-equity firms Metropoulos & Co. and Apollo Global Management have acquired the snack cake business of Hostess Brands.

US: Silver Point, Hurst "interested" in Hostess snack cake unit

11 March 2013

Hostess Brands creditor Silver Point Capital and hedge fund Hurst Capital are understood to be interested in buying some of the US baker's snack cake brands, including Twinkies.

US: Hostess deal faces block by government objection

5 March 2013

The proposed sale of the majority of Hostess Brands' bread businesses to Flowers Foods subsidiary FBC Georgia is facing a block after an objection to the deal was filed by the US Government.

Editor's choice: the highlights on just-food last week

4 March 2013

The fall-out from the horsemeat contamination continued last week, with Tesco outlining plans to shake up its supply chain and source meat from the UK. Elsewhere, UK free-from firm Genius Foods bought out venture partner Finsbury Food Group and, in the US, more buyers were found for Hostess Brands' assets. Click on the headlines for more.

Quote, unquote: just-food's week in words

4 March 2013

UK retailer Tesco grabbed the headlines last week as the horsemeat saga rumbled on. CEO Philip Clarke announced a raft of changes to its supply chain, including a promise to source all fresh chicken from within the UK. Elsewhere, just-food spoke with Genius CEO Roz Cuschieri about its plans for the Finsbury free-from brand it is set to acquire, and the CEO of Hostess Brands announced the successful sales of the majority of its bread units to Flowers Foods.

US: Flowers wins Wonder, Bimbo snaps up Beefsteak in Hostess auction

1 March 2013

Flowers Foods won through in its bid to acquire the majority of Hostess Brands' bread units, including Wonder, but was outbid for the Beefsteak business by rival baker Grupo Bimbo.

US: Flowers closes Earthgrains, Sara Lee deal

27 February 2013

US baker Flowers Foods has purchased the royalty-free licenses to use the Sara Lee and Earthgrains brands in California from Groupo Bimbo.

US: Shiver takes CEO role at bakery giant Flowers Foods

18 February 2013

Allen Shiver, president of US baker Flowers Foods, has been named the company's new CEO.

On the money: Flowers sees gains from Hostess demise

8 February 2013

US baker Flowers Foods has expanded its market share in the wake of Hostess Brands' move to wind down its operations.

US: Flowers delays guidance on M&A outcome

7 February 2013

US baker Flowers Foods has delayed issuing guidance for 2013 until the outcome of its attempt to buy various assets, including bread operations from Hostess Brands, is clear.

Editor's choice: the highlights on just-food last week

4 February 2013

The fall-out from the discovery of horse DNA in burgers sold in the UK continued, with the supplier at the centre of the scandal losing and contracts and regulators appearing before MPs. Elsewhere, the European Commission published plans to examine if retailers in the EU trade unfairly with suppliers. Meanwhile, in Germany, Nestle was fined for fixing the price of chocolate.

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