Aryzta

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Bell Food Group buys Aryzta assets in Switzerland

31 Mar 2021

Switzerland's Bell Food Group said one of its local business units has acquired sandwich assets in the country.

Bakery group Aryzta sells North America assets

15 Mar 2021

The bakery group, which has offloaded a series of assets in recent years, said before Christmas it would look to sell its business in North America.

Aryzta sells remaining stake in French frozen-food retailer Picard

5 Jan 2021

Aryzta is lined up the sale of another asset as part of the bakery group's plans to reshape its business and improve performance.

The top 20 most-read just-food news stories in 2020

23 Dec 2020

Which stories from just-food's news pages got you and your peers clicking throughout 2020? Here's a list of the top 20.

2020 – The year in food industry M&A

22 Dec 2020

Andy Coyne looks at significant transactions and emerging themes in merger, acquisition and investment activity in the global food sector during a year like no other.

Aryzta to divest North and Latin American operations as Elliott proposal rejected

21 Dec 2020

Aryzta has rejected a takeover proposal from Elliott Advisors (UK) and at the same time announced an operational decision from a drawn out strategic review.

Food for thought – the most-read opinion pieces on just-food in 2020

18 Dec 2020

Which of the opinion pieces from just-food's team of industry experts gave you food for thought in 2019? Here are the top ten most-read.

Elliott lays down conditions for Aryzta takeover offer

8 Dec 2020

The fund manager that Aryzta said yesterday (7 December) had made a "conditional offer" to takeover the business has laid out the requirements of its bid.

Aryzta gets "conditional offer" from Elliott as it sells pizza asset in North America

7 Dec 2020

Aryzta has said takeover talks have moved to another stage as the European bakery business announced an asset sale in North America.

Aryzta makes new appointments in pursuit of asset-disposal plan

24 Nov 2020

Aryzta has made two appointments to support its asset-disposal plan in pursuit of a simplified business model to turn around its financial performance.

Aryzta confirms "proposed" offer from fund manager Elliott

23 Nov 2020

Another disclosure from Aryzta emerged this morning (23 November), with a previous suitor apparently still interested in buying the European bakery giant.

Aryzta announces departure of CEO Kevin Toland

20 Nov 2020

Aryzta has announced some senior management changes at the Europe-based bakery business after appointing advisors last week to oversee asset disposals.

Aryzta labels talk of new Elliott bid "speculation"

20 Nov 2020

The European bakery giant has responded to a report it has received a takeover bid from US fund manager Elliott Management.

Aryzta hires Houlihan Lokey, Alantra for "asset disposals"

13 Nov 2020

Aryzta has indicated it plans to press ahead with "asset disposals" after a potential takeover deal with a US-based hedge fund fell through. 

Aryzta reveals preferred board candidates ahead of AGM

6 Nov 2020

Aryzta, the European bakery business, has this morning (6 November) put forward its board selections ahead of next month's annual general meeting.

Aryzta shareholders seeking further board changes

3 Nov 2020

Swiss-Irish bakery group Aryzta has revealed proposals made by two of its largest shareholders to be considered at its AGM next month.

Aryzta takeover talks with Elliott Advisors conclude without any offer put on table

26 Oct 2020

Swiss-Irish bakery group Aryzta has said talks with a potential takeover party have ended without any offer being made.

Aryzta board said to be split over Elliott takeover bid

21 Oct 2020

A newspaper report is suggesting a potential takeover bid for Swiss-Irish bakery group Aryzta is getting a mixed reaction from its board.

Key Aryzta shareholder presses for clarify on potential takeover offer

20 Oct 2020

One of the major shareholders in bakery business Aryzta has urged the Swiss-Irish group to provide clarity before the end of the week on a potential "public tender" bid.

Aryzta forms M&A committee to consider takeover bids

7 Oct 2020

Swiss-Irish bakery group Aryzta has revealed the action it has taken in relation to approaches being made to acquire the business.

Aryzta-owned La Brea Bakery invests in automation

22 Sep 2020

An Aryzta business in the US is investing in automation as part of a "long-term investment" by its parent company.

Covid-19 food industry updates – Friday 18 September (free to read)

18 Sep 2020

just-food is providing daily updates on how the Covid-19 pandemic is affecting the world's packaged food sector.

Aryzta's options in wake of investor battle

18 Sep 2020

Aryzta's two-largest investors came up trumps on Wednesday, with Urs Jordi, their pick as the embattled baker's chairman, elected. But what next for the business?

Investors win the day at Aryzta EGM as their pick Urs Jordi becomes chair

16 Sep 2020

The long-anticipated Aryzta extraordinary general meeting (EGM) has voted on an investor-instigated shake up of the Swiss-Irish bakery group's board.

Aryzta board member Annette Flynn to resign after today's EGM

16 Sep 2020

Aryzta has announced another board member will resign after today's (16 September) extraordinary general meeting when shareholders will vote on a new composition of directors. 

Aryzta board battle heats up ahead of EGM as Andreas Schmid withdraws chairman bid

15 Sep 2020

A day before Aryzta shareholders are to vote on a new board at a much-anticipated shareholders' meeting, the role of chairman is at the centre of a fresh twist.

Aryzta in advanced takeover talks with activist hedge fund ahead of EGM

11 Sep 2020

Struggling Swiss-Irish bakery group Aryzta has had another offer put on the table ahead of next week's extraordinary general meeting.

Aryzta shareholder's pick for chairman says 'would take five years to turn around business'

24 Aug 2020

The man put forward by Aryzta's two largest shareholders for chairman of the bakery company's board has said it would take five years to turnaround the business.

Aryzta sale said to be still on cards with Flowers Foods, Hostess Brands potential runners

21 Aug 2020

A sale of struggling European bakery business Aryzta is said to be still on the cards despite suggestions earlier this week that plans for a disposal had failed.

Aryzta shareholders accuse management of "misleading statements" over succession process

19 Aug 2020

The largest shareholders in Aryzta have criticised comments by the bakery firm suggesting their board candidates were not willing to participate in a formal succession process.

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