date:Nov 27, 2012
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Flowers factories are reportedly operating under capacity after an expansion of its private-label business failed to meet expectations. Some analysts believe that the capacity surplus could make a bid more attractive.
If Flowers were to buy some Hostess snack cakes, it would help them utilise their excess production capacity, Amit Sharma, an analyst at BMO told the Journal.
Flowers has also acquired Earthgrains bread brands in California from Grupo Bimbo and paid $175 million for Tasty Baki