International bakery company Aryzta has doubled its manufacturing capacity in Malaysia by acquiring the bakery, equipment, and the corresponding land of co-manufacturer De-Luxe Food Services from Envictus International Holdings. The option to acquire the assets was part of the original agreement with Envictus, and it doubles the company’s manufacturing capacity in breads, buns, and pastries, which will help to meet its growing customer demands in the foodservice and QSR channels …
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Aryzta
Aryzta, the Switzerland-based manufacturer of bakery products, has announced the sale of its Brazil business to Mexican Grupo Bimbo, according to a report in Just Food. This sale is described as being in line with Aryzta’s commitment to focus its business on European and Asina markets. The company had earlier this year sold its North American business to an affiliate of US private equity firm Lindsay Goldberg. Urs Jordi, Aryzta chairman and …
Hostess Brands, the US bakery manufacturer owned by Gores Holdings, has announced that it has acquired a number of assets from rival Aryzta as it looks to strengthen its hand in the breakfast foods space. The deal includes one of Aryzta’s Chicago Cloverhill bakery facilities (the largest individually-wrapped Danish pastry facility in North America), the Big Texas and Cloverhill brands and also supply partnerships with several key retailers of Hostess …
Aryzta, the Switzerland-based frozen bakery multinational, is to close its Fricopan plant in Immekath, Saxony-Anhalt, Germany with the loss of up to 508 jobs, according to reports in the German media. Founded in 1992, Fricopan predominantly manufactures lines of French-style bread products such as baguettes, in addition to speciality breads and rolls. The firm operates in wholesale, foodservice and retail channels, including producing private label goods for retailers. Fricopan acquired …
Aryzta has increased Q1 sales by 0.4% to EUR 1.10bn (US$ 1.48bn). Aryzta, which supply retailers and food service outlets with bakery products, saw sales improve by 0.4% over the three month period to total EUR1.10.bn (US$ 1.48bn). Food sales in Europe performed particularly well, growing by 17.6% to reach EUR 377.6m (US$ 511.1mn), Just Food reports. Aryzta said the development and execution of its “customer-centric business model” underpinned “further …
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