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Flowers Foods (FLO) Acquires Leo's Foods

October 19, 2009 8:42 AM EDT
Flowers Foods, Inc. (NYSE: FLO) acquired Leo's Foods, Inc., in Ft. Worth, Texas. Terms were not disclosed.

With annual sales of approximately $30 million, Leo's Foods is a family-owned business with one tortilla facility in Ft. Worth and 230 employees.

The company makes an extensive line of flour and corn tortillas and tortilla chips that are sold to foodservice and institutional customers nationwide under Leo's, Juarez, and customer brands.

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