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The proposed combined ChiquitaFyffes will be the worldEditor's choice: the highlights on just-food last week

17 March 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.

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

11 March 2014

Switzerland-based bakery group Aryzta announced two acquisitions in North America yesterday (10 March) as it revealed sales in the region came under pressure during the first half of the year. The acquisitions bring Aryzta a number of benefits - not least rebalancing the group's channel mix in the region. Katy Askew reports.

SWITZERLAND: Aryzta acquires North American bakeries

10 March 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.

SWITZ: Q1 sales up at baker Aryzta

25 November 2013

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

SWITZ: Aryzta shares jump as baker beats profit forecasts

30 September 2013

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

SWITZERLAND: Aryzta sees "satisfactory" Q3

4 June 2013

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

The week ahead - Ahold, Tesco & Smucker results; free-from & export events

3 June 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.

SWITZ: Aryzta sees sales, earnings rise

11 March 2013

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

Quote, unquote: just-food's week in words

25 February 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.

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

25 February 2013

Last week ended as it started: with a household brand caught up in the horsemeat contamination scandal. On Monday, Nestle said it had pulled Buitoni products in Spain and Italy after positive tests and, on Friday, Birds Eye said it had recalled ready meals across Europe after similar results. Over in the US, leading executives from some of the largest packaged food companies were at CAGNY to discuss their prospects for the year ahead.

Comment: Wise Aryzta boosts European retail business - at last

21 February 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.

GERMANY: Aryzta to buy baker Klemme to boost retail listings

20 February 2013

Swiss bakery giant Aryzta is to buy German peer Klemme in a bid to expand its business with the country's retailers.

SWITZ: Bakery giant Aryzta ekes out Q1 sales growth

3 December 2012

Swiss bakery group Aryzta has reported a 0.9% increase in underlying quarterly sales from its food division amid "very challenging" economic conditions in Europe.

SWITZ: Aryzta FY performance "satisfactory"

24 September 2012

Swiss bakery group Aryzta said that its performance for fiscal 2012 was "satisfactory" as it booked a decline in net profit, despite increasing revenues and higher underlying earnings.

SWITZERLAND: US lifts Aryzta sales as Europe lags

6 June 2012

Swiss bakery group Aryzta has reiterated its full-year earnings guidance after the performance of its business in the US in the first nine months of its fiscal year offset weakness in Europe.

Deal or no deal: CSM prepares for bakery bids

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.

SWITZ: Aryzta sees H1 EBIT growth

12 March 2012

Swiss baking group Aryzta reaffirmed its guidance for 2012 and 2013 as it booked an increase in underlying profit during the first six months of its financial year.

SWITZ: Aryzta posts Q1 "in line with expectations"

28 November 2011

Switzerland-based baker Aryzta has today (28 November) booked a first-quarter increase in underlying revenue in its core food business.

Editor's choice: the highlights on just-food this week

3 October 2011

The annual World Retail Congress dominated the headlines on just-food this week as we reported from the event in Berlin. Elsewhere, Swiss baker Aryzta snapped up UK naan and tortilla maker Honeytop Speciality Foods, Mars made its first move into Fairtrade and Nestle named a Wal-Mart Stores executive as its new CFO.

On the money: Aryzta plugs flat bread gap with Honeytop deal

26 September 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.

SWITZ: Acquisitions buoy FY results at baker Aryzta

26 September 2011

Switzerland-based baker Aryzta today (26 September) reported a jump in annual profits on the back of higher sales that were bolstered by acquisitions in 2010.

IRELAND: Irish Dairy Board appoints Toal as Adams Foods CEO

17 June 2011

The Irish Dairy Board (IDB) has appointed Ian Toal as CEO UK consumer foods arm Adams Foods.

Quote, unquote: just-food's week in words

10 June 2011

Two of the world's leading grocery retailers outlined the scope of their ambitions - Wal-Mart through emerging markets, and Tesco through its online operations. Meanwhile, just-food interviewed Milk Link's CEO Neil Kennedy about its expansion strategy. Here's the best of what was said this week:

SWITZ: Acquisitions buoy Aryzta sales

7 June 2011

Global food group Aryzta has booked a jump in revenues for the first nine months of the year as acquisitions saw the company double its bakery output.

SWITZ: Aryzta wins shareholder suit

20 April 2011

Swiss bakery group Aryzta has won a legal challenge to the 2008 merger agreement that united Hiestand Holding and IAWS into a single company.

SWITZ: Aryzta H1 boosted by acquisitions

14 March 2011

Aryzta has booked a jump in earnings for the first six months of its fiscal year on the back of increased sales from recently-acquired businesses and improved margins.

The just-food management briefing - M&A in 2010 - a timeline

20 December 2010

There have been over 640 stories in just-food's M&A section since April this year covering everything from industry-changing mergers to bolt on acquisitions and brand disposals. This section to the briefing tracks the major moves through the year by looking at all the deals that were put under scrutiny in our insights section.

SWITZ: Aryzta upbeat despite underlying Q1 sales fall

29 November 2010

Switzerland-based baker Aryzta today (29 November) posted a fall in underlying first-quarter revenue from its core food business - but said sales were improving thanks to the company's focus on value.

Comment: McCain sets out stall with Maple Leaf Foods' revamp

7 October 2010

Michael McCain, the president and CEO of Canadian food giant Maple Leaf Foods, has set out plans to make the processed meats and bakery firm a leaner business.

UPDATE: CANADA: Maple Leaf CEO McCain defends efficiency review

6 October 2010

Maple Leaf Foods president Michael McCain today (6 October) stood by the Canadian food group's plan to drive down costs and improve efficiency, insisting the business was facing increased competition from the US.



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