Swiss Belgian

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Aryzta has lined up Andreas Schmid, the former head of Swiss-Belgian chocolate giant Barry Callebaut, to replace Gary McGann as chairman. Photograph: Reuters

Swiss-Irish food company Aryzta has declined to comment on a report that it plans to sell off its underperforming US business as part of a restructuri(...)

Outgoing Aryzta chairman Gary McGann. Photograph: Sam Boal/RollingNews.ie

Investor advisory group ISS has recommended Aryzta shareholders back the company’s proposed replacement for outgoing chairman Gary McGann at next mont(...)

Aryzta has been struggling to halt a decline in earnings, particularly in the United States. File photograph: Reuters

US-based Flowers Foods and Hostess Brands, Japan’s Yamazaki Baking and Grupo Bimbo of Mexico have emerged as possible buyers for troubled Swiss-Irish (...)