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THOMASVILLE, GA. — Flowers Foods, Inc. on Dec. 14 accomplished its $205 actor accretion of Canyon Bakehouse L.L.C., a privately-held, gluten-free baking aggregation based in Johnstown, Colo. Canyon Bakehouse will accomplish as an absolute accessory of Flowers Foods.
“We acceptable the Canyon Bakehouse aggregation to Flowers and are aflame to assignment with them to accompany their avant-garde gluten-free bakery articles to added consumers,” said Allen L. Shiver, admiral and arch controlling administrator of Flowers Foods. “This accretion fits with Flowers’ action to abound in artefact adjacencies and gives us the befalling to accretion allotment in the growing gluten-free segment. The Canyon Bakehouse cast is the fastest-growing gluten-free aliment loaf cast in the U.S., and we accept we can advice advance that advance application our beginning administration arrangement and retail partnerships.”
Canyon Bakehouse offers 21 gluten-free bread, buns, bagels, English muffins and specialty items, primarily broadcast arctic through natural, specialty, grocery and accumulation retailers nationwide. The Canyon Bakehouse cast is the top gluten-free loaf cast in the accustomed and specialty channel, the No. 2 cast in the all-embracing gluten-free loaf class and the fastest-growing gluten-free aliment loaf cast in the United States, according to sales abstracts from SPINS and Information Resources, Inc.
The aggregation was founded in 2009 by Josh and Christi Skow and Ed Miknevicius and has 206 advisers at a 165,625-square-foot bakery with two assembly curve in Johnstown. Under agreement of the transaction, Mr. Skow will abide to advance the business as president, and Ms. Skow, who has abdominals disease, will serve as cast ambassador.
Canyon Bakehouse has generated a admixture anniversary net sales advance amount of about 45% back 2014. The gluten-free packaged aliment class has developed at a amount of 6.6% per year back 2015, outpacing the broader $14.5 billion U.S. retail broiled foods market, according to SPINS and I.R.I. data. The aggregation expects to accomplish about $70 actor to $80 actor in net sales in 2019.
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