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Flowers Foods’ Tasty Baking acquisition helps sales rise 6% in Q2
date:Aug 17, 2012
each 75% of the US population by 2016. Around 70% of the population currently has access to Flowers products and the company expects to reach its 75% target through its recent Lepage Bakery acquisition.

Last month, Flowers Foods completed its $370m acquisition of organic bakery firm Lepage Bakeries.

The deal is set to boost Flowers presence across the north east of the US and will add $166m to annual net sales.

Industry consolidation

Flowers chairman and CEO George Deese said:The major issue

07/09 03:16