Headlines
Flowers Foods CEO Talks Simple Mills: ‘Minor’ Synergies, But ‘Significant Long-Term Upside’
Flowers Foods’ management team sees significant growth potential for Simple Mills following its $795 million acquisition, as executives outlined plans to broaden the snack and baking mix brand’s distribution, accelerate new product development and amplify brand awareness during a conference call today. The new parent company plans to handle the business with a “fairly light touch, particularly in the early days” to preserve its entrepreneurial spirit.”
Explore Our New Content Calendar: See What’s In Store for 2025
We’ve released a new digital content calendar to make it even easier for you to stay ahead in the food, beverage, and beer industries. See what’s coming up in 2025 and start planning ahead.
Flowers Foods To Acquire Simple Mills For $795 Million
Flowers Foods, Inc. announced today that it has entered into an agreement to acquire Simple Mills from company management, Vestar Capital Partners and initial angel investors for $795 million in a cash transaction. The deal is subject to customary regulatory approval and closing conditions and is expected to close in the first quarter of 2025…. Read more »
Daily Briefing (Insiders Only): FDA Circles Back On Guidance
The U.S. Food and Drug Administration (FDA) is not renowned for its speed (or ability to meet deadlines), but it appears the agency is kicking off 2025 with a “new year, new me” attitude,
Nosh Live 2024 Replay: Milking Your Manufacturing For Money
At Nosh Live, three CPG food manufacturing stakeholders discussed how operational decisions can either unlock fresh opportunities or bring new challenges.
Nosh Live 2024 Replay: Gaining Sales, Dropping Pounds
Rybelsus. Wegovy. Ozempic. Whatever brand name it may come under, GLP-1s are rapidly changing the game in CPG as food manufacturers have scrambled to better understand how the rising popularity of these weight loss drugs will impact consumer buying habits.
Advent International to Acquire Duke’s Mayo Maker Sauer Brands
Global private equity firm Advent International announced today it has agreed to acquire condiment, seasoning, and spice platform Sauer Brands from Falfurrias Capital Partners for an undisclosed sum.
Nosh Live 2024 Replay: Financing Cycles and Food Brands
At Nosh Live Winter 2024, Rodney Clark, co-founder and managing partner at Aspect Consumer Partners, walked attendees through the past quarter-century of financing cycles – specifically, the dot-com bust (1999-2001), the great financial crisis (2007-2009), and the pandemic (2020-2022) – drawing on his perspective as one of the first investment bankers to understand the fundamental changes taking place within the food and beverage industry as consumers became interested in health and sustainability.
California Goes After Ultra-Processed Foods
California Governor Gavin Newsom issued executive order directing state agencies to provide recommendations to limit the harms of “ultra-processed foods” and investigate the adverse health impacts of ingredients like food dyes.