Flowers Foods, a producer of baked foods known for brands such as Nature’s Own, Dave’s Killer Bread, Wonder, and Canyon Bakehouse, has announced it has acquired the assets of Koffee Kup Bakery (KKB) from the court-appointed receiver for an undisclosed sum.
Based in Vermont, KKB produces a range of baked goods, including bread, doughnuts and English muffins, serving customers in the Northeast and Mid-Atlantic regions, but fell into financial difficulties and ceased operations on 26th April.
The acquisition includes three closed bakeries located in Burlington and Brattleboro, VT and North Grosvenor Dale, CT, as well as the Koffee Kup Bakery and Vermont Bread Company brands.
“This acquisition brings brands and production capacity in the Northeast, a key growth market for our company”, said Ryals McMullian, Flowers Foods president and CEO. “The Koffee Kup and Vermont Bread Company brands have a strong consumer following in the region and we’ll be evaluating their role within our brand portfolio”.
“We have no immediate plans to reopen the bakeries but will be assessing how they may fit our strategic network optimization efforts in the future”.
Sources: Flowers Foods press release