Flowers Foods acquires Holsum Bakery for $150 million
Clients Flowers Foods, Inc.
Jones Day advised Flowers Foods, Inc., in its $150 million acquisition of Holsum Bakery, Inc. The merger was structured as a merger of a wholly owned subsidiary of Flowers in exchange for cash and Flowers stock. In addition to M&A representation, Jones Day provided antitrust, employee benefits, environmental, intellectual property, real estate, and tax advice regarding this transaction.