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SWITZ: Acquisitions buoy Aryzta sales

7 Jun 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 Apr 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 Mar 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 Dec 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 Jun 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 Jun 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 Mar 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 Jun 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 Jun 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 Jun 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 Mar 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 Dec 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 Sep 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 Aug 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 Aug 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 Aug 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 Jul 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 Jul 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 Jul 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 Jun 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 Jun 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 Jun 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 Jun 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 Apr 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 Feb 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 Feb 2008

UK-based private equity group Lion Capital has bought a 32% stake in Swiss bakery group Hiestand.

SWITZ: Hiestand reports record 2007

24 Jan 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 Oct 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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