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Spotlight: Aryzta's surprise retail investment

Bakery giant Aryzta got the market speculating over its next move when, just a week ago, it announced plans to sell shares in Ireland-based...

Focus: M&A "balances" Aryzta in North America

Switzerland-based bakery group Aryzta announced two acquisitions in North America yesterday (10 March) as it revealed sales in the region ca...

The week ahead - Ahold, Tesco & Smucker results

Katy Askew | 3 Jun 2013

Retail majors Ahold and Tesco are preparing to announce first-quarter results, while bakery group Aryzta and US spreads firm JM Smucker look set to detail continued progress in growing profits over the past year. Meanwhile, we can expect free-from to take centre stage in two European trade shows and UK exporters will be discussing opportunities in CEE countries.

Wise Aryzta boosts European retail ops - at last

Dean Best | 21 Feb 2013

It's been a while coming but Switzerland-based bakery giant Aryzta has moved to boost its business with Europe's retailers - as consumers increasingly turn away from artisan bakers and to supermarkets for their bread and croissants.

Deal or no deal: CSM prepares for bakery bids

Katy Askew | 10 May 2012

Dutch food and ingredients group CSM announced plans to sell off its bakery business earlier this week. The speed of the decision to offload the division may have taken industry watchers by surprise but CSM has been giving off signals that it sees its future as a bio-based ingredients company for some time. Katy Askew takes a speculative look at the interest that the sale could generate.

Aryzta plugs flat bread gap with Honeytop deal

Dean Best | 26 Sep 2011

Aryzta said today (26 September) that its move to buy UK wrap and naan bread maker Honeytop Speciality Foods will allow it to enter a growing category.

Latest News

Aryzta sees M&A, FX offset FY organic sales drop

Katy Askew | 28 Sep 2015

Bakery group Aryzta booked a near 13% increase in full-year revenue this morning (28 September), as the contribution from acquired businesses and favourable currency exchange more than offset declining organic sales.

Aryzta to divest remaining Origin shares

Katy Askew | 25 Sep 2015

Bakery group Aryzta has confirmed that it will sell its remaining 29% stake in Origin Enterprises by the end of the month via a placing to institutional investors.

Otis Spunkmeyer to embark on fresh US retail push

Dean Best | 3 Sep 2015

Otis Spunkmeyer, the US baked goods foodservice supplier, is to looking to expand its presence in the country's retail stores with the launch of a wider range next year.

Aryzta acquires Ireland's La Rousse

Katy Askew | 23 Jul 2015

Aryzta has snapped up Irish foodservice company La Rousse Foods for an undisclosed sum.

Aryzta reports "short-term weakness" in Q3

Katy Askew | 2 Jun 2015

Aryzta, the Swiss bakery group, conceded its third-quarter performance was hit by "short-term weakness" today (2 June) when it reported a drop in underlying sales on declines in North America and weak consumer sentiment in Switzerland.

Food industry news of week: Applegate, Bel

Dean Best | 29 May 2015

Hormel Foods' latest move to inject more growth into its business - a move for US organic meats firm Applegate Farms - grabbed the headlines this week. In Europe, France's Groupe Bel struck a deal in Africa and is to take a majority stake in Moroccan dairy Safilait.

Food industry news of week: Aryzta, Mondelez

Dean Best | 2 Apr 2015

The week before Easter saw Aryzta surprise the market with news of its plan to buy 49% of French frozen food retailer Picard. M&A speculation surrounded Mondelez International, which was reported to be considering the sale of its rights to the cream cheese brand Philadelphia. Mondelez had a bad end to the week after being charged with manipulating wheat prices.

Food industry quotes of week: Aryzta, Mondelez

Hannah Abdulla | 2 Apr 2015

This week, bakery business Aryzta announced it was in talks to invest in French frozen food retailer Picard while the M&A rumour mill span with reports Mondelez International is considering selling its rights to the Philadelphia brand. Elsewhere, The Real Good Food Co. said it was exploring options for its under-performing sugar business Napier Brown.

Aryzta in talks to buy 49% of French grocer Picard

Hannah Abdulla | 31 Mar 2015

Swiss food business Aryzta is in talks to buy 49% of French frozen food retailer Picard from private-equity group Lion Capital.

Aryzta to reduce stake in Origin Enterprises

Katy Askew | 25 Mar 2015

Swiss-based bakery company Aryzta plans to reduce its stake in agri-services company Origin Enterprises.

M&A lifts Aryzta but organic sales disappoint

Katy Askew | 16 Mar 2015

Bakery group Aryzta booked a jump in first-half sales and earnings this morning (16 March) but shares fell as the contribution from acquisitions lifted a weaker-than-expected organic performance.

Food industry news of week: Marfrig, Cadbury

Dean Best | 16 Jan 2015

Brazil-based food giant Marfrig announced the surprise resignation of CEO Sergio Rial this week after just a year in the position. Another chief executive is to go at UK retailer Morrisons, with its board believing its best chance to return to growth is without Dalton Philips.

Aryzta spins out flatbreads operations

Dean Best | 12 Jan 2015

Aryzta has put its flatbreads operations into a joint venture with UK-based Signature International Foods.

Aryzta sales rise on acquisitions

Katy Askew | 2 Dec 2014

Aryzta first-quarter sales were up by 17.8% year-on-year thanks to the "strong" contribution from acquisitions and growth in Europe's retail sector.

Aryzta profits rise on M&A

Katy Askew | 29 Sep 2014

Swiss bakery group Aryzta has booked a jump in full-year earnings, boosted by acquisitions and a strong performance in the developed markets of Europe and North America.

Aryzta reports Q3 revenue rise

Hannah Abdulla | 3 Jun 2014

Aryzta has reiterated its guidance of double-digit underlying EPS growth as the Swiss food firm posted a 14.9% increase in revenues to EUR859.8m in its food business for the third quarter.

Aryzta shutters Pennsylvania plant, 130 jobs axed

Hannah Abdulla | 2 Jun 2014

Aryzta has ended production at its baking facility in Export, Pennsylvania, in a move that sees 130 jobs axed.

Editor's choice: highlights on just-food last week

Dean Best | 17 Mar 2014

The biggest story of the week came as it started - with the announcement of the proposed merger between banana giants Chiquita Brands International and Fyffes. Elsewhere, UK grocers Morrisons and The Co-operative Group grabbed the headlines - the former for its bid to revive sales and the latter for the resignation of its chief executive.

Aryzta acquires North American bakeries

Katy Askew | 10 Mar 2014

Switzerland-based bakery group Aryzta has set its sights on expansion in North America with the acquisition of two bakeries in the region - Pineridge Bakery in Canada and Cloverhill Bakery in the US.

Q1 sales up at baker Aryzta

Michelle Russell | 25 Nov 2013

Switzerland-based bakery group Aryzta booked an increase in sales in the first quarter of its financial year.

Aryzta shares jump as baker beats profit forecasts

Dean Best | 30 Sep 2013

Shares in Switzerland-based bakery group Aryzta jumped today (30 September) after the company booked annual underlying profits above analyst expectations.

Aryzta sees "satisfactory" Q3

Katy Askew | 4 Jun 2013

Swiss-based bakery group Aryzta has said it is in line to hit full-year expectations, having booked a "satisfactory" third-quarter performance.

Aryzta sees sales, earnings rise

Katy Askew | 11 Mar 2013

Switzerland-based bakery group Aryzta has booked an increase in first-half sales and earnings in the face of "challenging" trading conditions.

just-food's week in words

Michelle Russell | 25 Feb 2013

The financial results continued to roll in last week with Danone adamant it will return to growth in Europe despite the macro-economic environment and the new CEO of Premier Foods plc outlining his focus for the company. The horsemeat saga also rumbled on with Nestle and Birds Eye being forced to pull ready meals in Europe. Elsewhere, Ebro Foods revealed plans for the brands it bought as part of the Riso Scotti deal.

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