---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-003212"
form_type: "8-K"
ticker: "FLO"
cik: "0001128928"
company_name: "FLOWERS FOODS INC"
filed_at: "2025-01-08T23:59:59+00:00"
generated_at: "2026-05-28T06:14:52.383365+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Flowers Foods to acquire Simple Mills for $795 million in cash

## Summary
- Flowers Foods (FLO) entered definitive agreement to acquire Simple Mills (Purposeful Foods Holdings) for $795 million cash.
- Simple Mills generated estimated 2024 net sales of $240 million, representing 14% growth over prior year.
- Transaction expected to close in Q1 2025, subject to regulatory approvals and customary conditions.
- Simple Mills will operate as independent subsidiary, led by founder and CEO Katlin Smith.
- RBC committed $795 million term loan to fund acquisition; proforma net debt-to-EBITDA ratio expected 3.1x-3.3x.

## SEC filing metadata
- accession: 0001193125-25-003212
- form_type: 8-K
- ticker: FLO
- cik: 0001128928
- company_name: FLOWERS FOODS INC
- filed_at: 2025-01-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1128928/000119312525003212/0001193125-25-003212-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1128928/000119312525003212/d923020d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-003212
- JSON: https://secwatch.observer/filing/0001193125-25-003212.json
- Plain text: https://secwatch.observer/filing/0001193125-25-003212.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.