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On the Record · Flowers Foods

Flowers Foods acquisitions, on the record

The businesses Flowers Foods bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Papa Pita bakery business ("Papa Pita")
Word for word“On December 13, 2022, the company announced it had entered into a definitive agreement to acquire the Papa Pita bakery business ("Papa Pita") and, on February 17, 2023, completed the acquisition for total consideration of approximately $274.8 million, inclusive of a net working capital purchase price adjustment.” 10-K for 2023
agreed acquisitionOn December 13, 2022, the company announced it had entered into a definitive agreement to acquire the Papa Pita bakery business—
closed bakery
Word for word“During the third and fourth quarters of Fiscal 2023, the company entered into agreements to sell a warehouse and a closed bakery, respectively, both of which were classified as held for sale, and recorded as impairment charges totaling $1.8 million.” 10-K for 2023
agreed divestiture——
impaired warehouse
Word for word“The company completed the sale of the impaired warehouse at the end of the third quarter of Fiscal 2023 and anticipates completing the sale of the closed bakery in the first quarter of Fiscal 2024.” 10-K for 2023
divestitureend of the third quarter of Fiscal 2023—
Simple Mills
Word for word“On January 7, 2025, the company entered into an Agreement and Plan of Merger to acquire Simple Mills, maker of a premium brand of better-for-you crackers, cookies, snack bars, and baking mixes.” 10-K for 2024
agreed acquisitionOn January 7, 2025—
Papa Pita Bakery business
Word for word“On February 17, 2023, the company completed the acquisition of Papa Pita for total consideration of $274.8 million, inclusive of a net working capital purchase price adjustment.” 10-K for 2024
acquisitionOn February 17, 2023$274.8 million
a warehouse and a closed bakery
Word for word“During the third and fourth quarters of Fiscal 2023, the company entered into agreements to sell a warehouse and a closed bakery, respectively, both of which were classified as held for sale, and recorded impairment charges totaling $1.8 million.” 10-K for 2024
agreed divestitureDuring the third and fourth quarters of Fiscal 2023—
Purposeful Foods Holdings, Inc., the parent company of Simple Mills, Inc.
Word for word“On February 21, 2025, the company completed the acquisition of Simple Mills, maker of a premium brand of better-for-you crackers, cookies, snack bars, and baking mixes, for total consideration of approximately $848.6 million.” 10-K for 2026
acquisitionOn February 21, 2025approximately $848.6 million
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2017-12-30—$41.2 million—
2018-12-29$200.2 million——
2023-12-30$274.8 million—$132.6 million
2026-01-03$791.9 million—$367.9 million

Deal filings since 2016

Read from Flowers Foods’s annual reports (10-K for 2026, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-25. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.