Flowers completes acquisition of Lepage Bakeries

by Eric Schroeder
Share This:

THOMASVILLE, GA. — Flowers Foods, Inc. has completed the acquisition of Lepage Bakeries, Inc. of Auburn, Maine, for $370 million in cash and stock. The transaction was first announced on May 31.

Lepage Bakeries operates three bakeries — two in Lewiston, Maine, and one in Brattleboro, Vt. — and has strong regional brands in Country Kitchen and Barowsky’s as well as a solid distribution system serving retail and food service customers throughout the Northeast.

Founded in 1903, Lepage is expected to expand Flowers’ presence in New England and New York by providing a broader variety of bread, buns and rolls to Flowers. Additionally, Lepage’s direct-store delivery platform is expected to accelerate penetration of Flowers’ Nature’s Own and Tastykake brands in the Northeast.

Lepage generates approximately $166 million in net sales.

Flowers Foods expects to provide additional information about the acquisition during its second-quarter earnings conference call on Aug. 14.

Add a Comment
We welcome your thoughtful comments. Please comply with our Community rules.








The views expressed in the comments section of Baking Business News do not reflect those of Baking Business News or its parent company, Sosland Publishing Co., Kansas City, Mo. Concern regarding a specific comment may be registered with the Editor by clicking the Report Abuse link.