Flowers Foods Inc., Thomasville, Ga., completes the acquisition of Hostess Brands’ bread assets, including 20 bakeries; the Wonder, Merita, Home Pride, Butternut and Nature’s Pride brands; and 36 depots from Old HB Inc. (formerly Hostess Brands). The adjusted purchase price was $355 million.
Hostess Brands Inc. has obtained U.S. Bankruptcy Court approval to sell its Drake’s snack cake brand as well as four of its northwest regional bread brands in two separate transactions totaling approximately $58.4 million in proceeds.
Wonder’s new Smartwhite for Kids combines the nutritional benefits parents want for their growing children with the Wonder bread taste and soft texture that kids love.
With more Americans looking to incorporate healthier, satisfying foods into their diets, Hostess Brands, Irving, Texas, debuts Wonder 100% Whole Wheat, Honey Wheat and Wheat Sandwich varieties of bread that are baked without artificial colors, flavors or preservatives.