Hiestand - food industry company news 
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.
Best bits: Food companies looking to score overseas
14 June 2010
As football lovers waited for the start of the World Cup in South Africa last week, a clutch of leading food companies set out their stall for overseas success.
SWITZ: Aryzta seals two bakery deals for US$1.1bn
8 June 2010
Swiss bakery group Aryzta has struck deals to buy two US firms - Fresh Start Bakeries and Great Kitchens - for US$1.08bn.
On the money: Aryzta eyes acquisitions in Europe and North America
15 March 2010
Aryzta, the baking group created through the merger of IAWS and Hiestand, said it will continue to look to European and North American markets for acquisition opportunities.
SWITZ: Aryzta facing shareholder lawsuit
8 June 2009
Swiss baking group Aryzta is facing a shareholder lawsuit over transactions that took place in the lead up to the merger of Irish food group IAWS and Swiss bakery Hiestand, which resulted in the creation of the new company.
SWITZ: Aryzta eyeing growth
8 June 2009
Arytza, the baking group created through the merger of IAWS and Hiestand, has confirmed that it is looking to build sales momentum, which could potentially be achieved through acquisitions.
SWITZ: Aryzta posts decline in revenue
2 June 2009
Switzerland-based frozen baked goods giant Aryzta has posted a decline in revenues for the nine months ended 25 April.
SWITZ: Aryzta boosted by US units
10 March 2009
Aryzta has posted a 15% jump in first-half profits, boosted by sales and profits growth at its North American businesses.
SWITZ: Aryzta sees revenue growth
1 December 2008
Specialist bakery group Aryzta today (1 December) posted a 32% rise in first-quarter revenue and said the company continues to have a “strong balance sheet with excellent free cash flow”.
SWITZ: Aryzta sees combined revenues of EUR3.13bn
22 September 2008
Aryzta, the bakery group formed by the merger of IAWS and Hiestand, today (22 September) reported full-year pro-forma operating profit of EUR262m (US$381.53m) on the back of pro-forma revenue of EUR3.13bn.
IRELAND/SWITZ: Aryzta commences trading
22 August 2008
The merger of Hiestand and IAWS has drawn to a close, with the combined entity beginning to trade on the Swiss and Irish exchanges under the new company name, Aryzta, today (22 August).
SWITZ: Hiestand investors back IAWS merger
20 August 2008
The merger between Irish food group IAWS and Hiestand is all but complete after shareholders in the Switzerland-based baker approved the deal.
IRELAND/SWITZ: Competition authorities OK IAWS-Hiestand merger
4 August 2008
The merger between Irish food group IAWS and Switzerland’s Hiestand edged one step closer today (4 August) when the anti-trust authorities of Poland, Germany and Ireland approved the deal.
IRELAND: IAWS shareholders support Hiestand merger
25 July 2008
Shareholders of Irish bakery group IAWS have voted overwhelmingly in favour of the proposed merger with Swiss baker Hiestand, the company has revealed.
IRELAND/SWITZ: Swiss watchdog clears Hiestand merger
18 July 2008
Irish food and agribusiness group IAWS has moved a step closer to its planned merger with Swiss baker Hiestand after Swiss regulatory authorities cleared the deal.
IRELAND: IAWS defends Hiestand merger plans
4 July 2008
IAWS, the Ireland-based bakery group, has today (4 July) insisted that its offer to buy out the remaining shareholders in Swiss firm Hiestand is “fair and reasonable”.
Top stories on just-food - 20 June
20 June 2008
just-food was at the CIES World Food Business Summit this week where many of this week's most-read stories emanated from. Elsewhere, we have seen IT problems for Sainsbury and the latest updates on Tesco's foray into the US.
The just-food interview - Hugo Kane, IAWS
16 June 2008
With food firms of all sizes feeling the pinch from commodity prices, it would be easy to see the merger between bakery groups IAWS and Hiestand as a way of better absorbing rising costs. However, in this month's just-food interview, IAWS chief operating officer Hugo Kane tells Dean Best that the deal is more about growing two successful businesses.
Top stories on just-food - 13 June
13 June 2008
Food safety is one of the industry’s most contentious issues and the tomato salmonella outbreak sweeping the US proved that this week. Advertising, another often controversial subject, also proved popular, with Nestle caught in the cross-fire on both sides of the Atlantic. And the M&A activity rumbled on with deals in the bakery and dairy sectors among the top ten stories on just-food over the last seven days.
IRELAND/SWITZ: Bakers IAWS, Hiestand to merge
9 June 2008
Irish food and agribusiness group IAWS is to merge with Switzerland’s Hiestand Holding to create a EUR2.7bn (US$4.3bn) baked goods company, Aryzta.
SWITZ: Hiestand hails "strong" Q1 sales
18 April 2008
Switzerland-based baker Hiestand Group today (18 April) unveiled “strong” organic growth during the first quarter of the year, with sales rising 12.8%.
SWITZ: Hiestand confirms Focus Capital exit
22 February 2008
Hiestand, the Switzerland-based baker, said today (22 February) that hedge fund Focus Capital had sold its 32% stake in the business – a day after the company saw a new investor buy an identical holding.
SWITZ/UK: Lion Capital snaps up Hiestand stake
21 February 2008
UK-based private equity group Lion Capital has bought a 32% stake in Swiss bakery group Hiestand.
SWITZ: Hiestand reports record 2007
24 January 2008
Swiss baker Hiestand has reported record sales growth for the full year, as the company benefited from both acquisitions and a strong organic performance.
SWITZ: Hiestand Q3 sales leap
24 October 2007
Switzerland-based bakery firm Hiestand Group saw third-quarter sales leap over 50% thanks mainly to last year’s Fricopan acquisition.
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