Updated / Monday, 4 Jan 2021 17:26 The group expects the transaction to close early in the first quarter of 2021. Irish-Swiss bakery firm Aryzta has said it has reached agreement with Lion Capital and Invest Group Zouari to sell its remaining 4.64% interest in French frozen foods group Picard for €24m. The group behind the…Continue Reading
Irish-Swiss food group Aryzta has reported further improvement in the revenue trend of the business in July. The company said it expects revenue to be down 18% in the month to date 25 July, compared to a 23% decline in June and a 49% drop in April. As most economies are re-emerging from lockdown, the…Continue Reading
Updated / Monday, 20 Jul 2020 18:47 Aryzta is the maker of Cuisine de France bread Irish-Swiss food group Aryzta has delayed its proposed extraordinary shareholders meeting after receiving unsolicited takeover approaches by investors. The group, which is being targeted by activist investors Veraison and Cobas Asset Management, pushed back its EGM to16 September which…Continue Reading
