Flowers Foods completes acquisition of Bishop Baking Co. from Kellogg.Flowers Foods Flowers Foods (NYSE: FLO), headquartered in Thomasville, Georgia, is a leading producer and marketer of packaged bakery foods in the United States. The company operates 36 bakeries that produce breads, buns, rolls, snack cakes, and pastries, which are distributed fresh to (NYSE NYSESee: New York Stock Exchange : FLO See MediaFLO. ) announced recently that its acquisition of the assets of Bishop Baking Company, Inc., in Cleveland, Tenn., from Kellogg Co., which was announced in November, has been completed. The transaction was an asset purchase for an undisclosed amount of cash. Further terms of the agreement were not disclosed. Bishop Baking Co., with annual sales of approximately $30 million, operates one bakery in Cleveland. Bishop's products, a line of fresh snack cake s are foods that come in small packages. They consist of items such as Drake's Devil Dogs, Twinkies or zebra cakes. They are manufactured by companies like Little Debbie and Drakes. They can be sold individually or by the box. items, are distributed nationwide. Kellogg acquired Bishop with the purchase of Keebler in March 2001. George E. Deese, Flowers Foods' president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , said, "The Bishop operation is a nice addition to Flowers Foods' Snack Group. Bishop's product line includes items not made by our company as well as some customers not currently served by our snack group." Headquartered in Thomasville, Ga., Flowers Foods is one of the nation's leading producers and marketers of bakery foods for retail, foodservice, in-store bakery, institutional, and vend customers. These products are sold under such brands as Mrs. Smith's, Nature's Own, Cobblestone Mill, and Mrs. Freshley's. Contact Mary Krier, Director of Corporate Communications, at 229-227-2333. Web site: www.flowersfoods.com |
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