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Announced

Completed

Flowers Foods completed the acquisition of Papa Pita Bakery.

Synopsis

Flowers Foods, a producer and marketer of packed bakery food, completed the acquisition of Papa Pita Bakery, a manufacturer and distributor of high-quality bagels, tortillas, breads, buns, English muffins, and flat breads. Financial terms were not disclosed. "Papa Pita began as a family business and is an inspiring example of the American dream. Its leaders have grown the company strategically through product and category expansions. Additionally, its focus on exceptional product quality and operational excellence aligns strongly with the Flowers culture. Papa Pita has been an important co-manufacturer of Flowers products for many years, and I'm thrilled about the opportunity to realize manufacturing and distribution synergies, in addition to expanding our geographic reach and welcoming the passionate Papa Pita team to Flowers," Ryals McMullian, Flowers Foods President and CEO.

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