Aryzta has snapped up Irish foodservice company La Rousse Foods for an undisclosed sum.
The deal, which is subject to competition approval, will enable both businesses to grow a "premium" foodservice offering locally and internationally, the companies said.
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La Rousse co-founder Marc Amand said the move will enable his company to step up growth. "In Aryzta Food Solutions [Aryzta's foodservice arm], we now have the springboard from which to launch La Rousse Foods into the next exciting phase in our development through an enhanced product offering and robust business platform."
Aryzta said the acquisition demonstrates its commitment to the Irish market. "We have an ambitious growth strategy for our Irish business and this acquisition reflects our vision," Hilliard Lombard, CEO of Aryzta's Europe and Asia Pacific division, said. "La Rousse Foods is an exceptional business with an enviable reputation that is built on innovation, traceability and culinary expertise. Together, our combined strengths and ambitions leave us well placed to grow market share in the attractive premium foodservice channel in Ireland and internationally."
La Rousse MD Stuart Campbell will continue to lead the business.
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By GlobalData
