THOMASVILLE, Ga. — Bakery goods company Flowers Foods is buying organic bread maker Dave’s Killer Bread for about $275 million in cash.
Flowers Foods President and CEO Allen Shiver said in a written statement that Dave’s organic products appeal to today’s consumers.
There has been an ongoing shift within the food industry, with many consumers reaching for items they consider healthy or natural.
Shiver added that the buyout will also help expand Flowers Foods Inc.’s reach into the Pacific Northwest and Canada.