NEW YORK (AP) — Flowers Foods Inc., said late Monday that it has received regulatory approval to acquire the Wonder, Nature's Pride, Merita, Home Pride and Butternut bread brands; 20 bakeries; and 36 depots from Old HB, Inc., formerly known as Hostess Brands.

In a release, Flowers said it expects to complete the transaction in the coming weeks.

In February, the company announced its agreement to purchase the assets from Old HB, Inc., for $360 million. It was deemed as the highest bid for those assets. In March, the court overseeing the Old HB Inc. bankruptcy proceeding approved the sale.

Flower Foods is based in Thomasville, Ga., and is one of the largest producers of packaged bakery foods for retail and foodservice customers in the U. S., with 2012 sales of $3.05 billion.

Flowers operates 44 bakeries that produce a wide range of bakery products. Among the company's brands are Nature's Own and Tastykake.

About News.net

Publishing Services International Limited (PSIL) is the publisher and operator of a worldwide network of online news sites dedicated to delivering fair, accurate and relevant reporting from a variety of the world’s most trusted sources – from the biggest cities to the smallest towns.

We deliver positive and powerful messages to our readers, providing up‑to‑the‑second news that matters to the individual.

Our promise is to serve communities and individuals worldwide, delivering information that hasn’t always been available to them. We will give them back a voice – a voice that’s empowering because it is theirs – and provide a platform to communicate between themselves and the world.

We believe people are not just generic demographics; they are individuals with their own preferences and curiosities. We are about understanding these individuals, listening to them, and serving them.

We are the new pioneering spirit of news – we’re not talking to everyone, we’re talking with every one.

If you want your news, your voice, your way, on your time – we’ve got news for you.

 

FAQs

Email

If you have any questions or concerns please email us on support@news.net

Phone

  • Australia, Toll Free 1-800-983-421
  • Hong Kong, Toll Free 800-906-187
  • Singapore, Toll Free 800-852-3871
  • USA/Canada, Toll Free 1-800-830-4132

Advertise With Us

Interested in being awesome?
Contact us by email or phone.

Cancel