Flowers Foods Acquires Leo's Foods

Oct. 20, 2009
Flowers Foods, makers of Nature's Own bread and other bakery products, announced it has acquired Ft. Worth, Texas-based Leo's Foods. A tortilla maker, Leo's Foods, has 230 employees and annual sales of approximately $30 million. The company manufactures flour and corn tortillas and tortilla chips that are sold under Leo's, Juarez, and customer brandsLeo's Foods will operate as a subsidiary of Flowers Bakeries under its current name and will continue to serve existing customers with quality tortilla products. Owners Leo and Sule Jimenez have announced plans to retire following the sale. Jaime Garcia will remain Leo's general manager.See Flowers Foods website for more information about the acquisition.

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