Per Dickerson's math, if Simple Mills' EBITDA margin is 14% from $240 million in estimated 2024 sales, the $795 million purchase price implies Flower Foods paid ~23.7X EBITDA.
NEW YORK, Feb. 24, 2025 /PRNewswire/ -- Vestar Capital Partners, a leading U.S. middle-market private equity firm, announced today it has completed the sale of Simple Mills (or "the Company"), a ...
Flowers Foods (FLO) announced that it has completed the acquisition of Simple Mills. “The addition of Simple Mills to our brand portfolio increases our presence in better-for-you and attractive ...
The Simple Mills acquisition is the largest in Flowers Foods' history and is intended to diversify the company's product portfolio into more rapidly growing categories. Simple Mills, a ...
Katlin Smith founded Simple Mills in 2012 Headquartered in Thomasville, Georgia, Flowers Foods is a producer of packed bakery foods Vestar Capital Partners has sold Simple Mills, a provider of ...
(RTTNews) - Flowers Foods, Inc. (FLO), a US-based bakery company Friday announced that it has finalized the acquisition of Simple Mills - an Illinois-based food company. Flowers Foods' Chairman ...
THOMASVILLE, GA. — Flowers Foods, Inc. has completed its acquisition of Simple Mills for $795 million. Simple Mills is a manufacturer of crackers, cookies, bars and baking mixes marketed as ...