US packaged foods manufacturer Flowers Foods has announced that its acquisition of the assets of Bishop Baking Company from Kellogg, which was announced in November, has been completed.
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The transaction was an asset purchase for an undisclosed amount of cash. Further terms of the agreement were not disclosed.
Bishop Baking Company, with annual sales of approximately US$30m, operates one bakery in Cleveland. Bishop’s products, a line of fresh snack cake items, are distributed nationwide. Kellogg acquired Bishop with the purchase of Keebler in March 2001.
