What happened to ARYZTA?

This is exactly what happened to Aryzta. In March 2015 it announced that it was paying €446m for a 49pc stake in Picard, a French frozen food retailer. It never even came close to fulfilling Aryzta’s ambitions. Finally, Arzyta agreed to sell most of its shareholding for just €156m in October 2019.

Where is ARYZTA located?

ARYZTA maintains global headquarters in Zurich, Switzerland, and its North American headquarters are located in Los Angeles, California. ARYZTA takes its name from the Latin “arista,” or the tip of the wheatear.

What does ARYZTA make?

Aryzta North America provides bread, sweet and savory baked foods, and snacks to customers in the quick-service restaurant, foodservice and retail markets across the United States and Canada.

Who owns ARYZTA AG?

Looking at our data, we can see that the largest shareholder is Cobas Asset Management, SGIIC, SA with 18% of shares outstanding. The second and third largest shareholders are CI Financial Corp and Black Creek Investment Management Inc., with an equal amount of shares to their name at 5.0%.

Who is buying ARYZTA?

Lindsay Goldberg
Private equity firm Lindsay Goldberg is acquiring Aryzta North America, a business-to-business frozen baked goods manufacturer serving the U.S. and Canada, from parent company Aryzta AG for $850 million, the companies said in a statement.

Who bought La Brea Bakery?

IAWS Group
To accelerate its national expansion plans, Los Angeles bread maker La Brea Bakery has agreed to be acquired by Irish food giant IAWS Group for $55 million.

What do ARYZTA do?

ARYZTA is an international bakery company with a leadership position in convenience bakery and offers the perfect range of products and services for in-store bakery solutions.

How big is ARYZTA?

ARYZTA has 5,001 to 10,000 employees.

Who bought ARYZTA Bakery?

LOS ANGELES — Aryzta North America, which earlier this year was acquired by private equity firm Lindsay Goldberg for $850 million, has changed its name to Aspire Bakeries, a decision that reflects the company’s aim to “continue to move upwards.”

Does Walmart carry La Brea bread?

Aryzta La Brea Bakery Take & Bake Baguette, 2 ea – Walmart.com – Walmart.com.

How much did Nancy Silverton sell La Brea Bakery for?

In 2008, Nancy Silverton lost millions in a Ponzi scheme In 2001, Nancy Silverton sold her world famous La Brea Bakery and walked away with over $5 million, which she entrusted with an advisor to invest.

Who bought aryzta North America?

ARYZTA North America changes its name to Aspire Bakeries. Following the sale to private equity firm Lindsay Goldberg earlier this year, the company set out to reintroduce itself with a new name while continuing to focus on growth across its three core brands of La Brea Bakery, Otis Spunkmeyer and Oakrun Farm Bakery.