USA: Flowers Foods completes acquisition of Sara Lee Bakery assets
US packaged bakery foods producer Flowers Foods has announced today that it has completed its acquisition of the assets of a closed bread and bun bakery in Houston from the Sara Lee Bakery Group.
The transaction included lists of associated private label and foodservice customers that Sara Lee Bakery Group had served in selected Texas markets. Terms of the agreement were not disclosed.
The acquisition, which was announced in June, gives Flowers the potential to serve additional foodservice and private label customers. Flowers' new bakery in Denton, Texas will meet the company's immediate needs for additional production capacity.
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