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Flowers Foods to acquire Simple Foods from Lifeway Foods resulting in $5 million net gain

PUBLIC · FLOFeb 11, 2025

Acquiring Company

Flowers Foods

Acquired Company

Simple Foods

GeorgiaUnited StatesFood and BeverageFood And BeverageHospitalityGroceryRetailFood and BeverageHospitalityNutrition

Description

Lifeway Foods, Inc. expects to realize approximately $5 million of net profit from the sale of Simple Foods to Flowers Foods. Lifeway was an early investor in Simple Foods in 2015 and this sale represents a successful exit, ultimately benefitting Lifeway's shareholders.

Quick answer

Flowers Foods is acquiring Simple Foods for $5 million, announced February 11, 2025. Flowers Foods is based in Georgia, United States.

How much did Flowers Foods pay for Simple Foods?
The reported deal value is $5 million.
What does Flowers Foods do?
Headquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE: FLO) is one of the largest producers of packaged bakery foods in the United States with 2022 sales of $4.8 billion.
Where are Flowers Foods and Simple Foods based?
Flowers Foods is based in Georgia, United States. Simple Foods is based in United States.
Who are the decision-makers at Flowers Foods?
Fundz holds 1 contact at Flowers Foods. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Flowers Foods

Location

1919 Flowers Circle

Georgia, United States

About

Headquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE: FLO) is one of the largest producers of packaged bakery foods in the United States with 2022 sales of $4.8 billion. Flowers operates bakeries across the country that produce a wide range of bakery products. Among the company's top brands are Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, and Tastykake. Learn more at www.flowersfoods.com. FLO-CORP FLO-IR

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Frequently asked

Who acquired Simple Foods?

Simple Foods was acquired by Flowers Foods, based in Georgia. The deal was reported on February 11, 2025. Headquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE: FLO) is one of the largest producers of packaged bakery foods in the United States with 2022 sales of $4.8 billion. Flowers Foods is publicly traded (FLO) and operates in Food and Beverage.

When did Flowers Foods acquire Simple Foods?

Flowers Foods's acquisition of Simple Foods was reported on February 11, 2025. Lifeway Foods, Inc. expects to realize approximately $5 million of net profit from the sale of Simple Foods to Flowers Foods. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Simple Foods do?

Simple Foods is known for its healthful, convenient and better-for-you snacks that include crackers, cookies, and baking mixes featuring simple, nutrient-dense and ethically sourced ingredients. It is privately held, operating in Food and Beverage, and is based in United States.

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