In a statement, Aryzta said more details of the sale would be provided on Monday with the company’s half-year results. File photograph:  Nick Bradshaw

Swiss-Irish food group Aryzta is to sell its troubled North American business to US private equity firm Lindsay Goldberg for $850 million (€711 millio(...)

Aryzta’s brands include Otis Spunkmeyer, La Brea Bakery bread and Cuisine de France pastries. Photograph: iStock

Aryzta’s new board is unlikely to pursue a sale of the embattled Swiss-Irish baked goods group to Elliott Management, after it emerged on Friday that (...)

Kevin Toland, who has stepped down as chief executive of Aryzta

Kevin Toland stepped down as chief executive of Aryzta on Thursday in a shake-up of management at the embattled baked goods company. Shareholders hav(...)

Aryzta’s Irish directors are now all gone, including  chairman Gary McGann. Photograph: Alan Betson

Aryzta’s egm in Zurich on Wednesday was extraordinary in many ways. The disaffected shareholders (led by Swiss investor Veraison and including Spain-b(...)

The Swiss-Irish baked goods group, which owns the Cuisine de France and Otis Spunkmeyer labels, has been struggling to halt a decline in earnings, particularly in the US. Photograph: iStock

Embattled Irish-Swiss baked goods group Aryzta said its pick for chairman of the company, Andreas Schmid, had withdrawn his candidacy. “I had made my(...)

Photograph: iStock

Swiss-Irish food group Aryzta said it has seen further improvement in its revenue trends in July as economies loosened restrictions imposed to slow th(...)

Shares in Aryzta are down more than 85% from when the company raised about €800m in an emergency share sale in late 2018. Photograph: Reuters

Troubled Swiss-Irish food group Aryzta needs to sell off a further €600 million of assets to reduce debt and “return the business to profitable growth(...)

Shares in Aryzta are down more than 85% from when the company raised about €800m in an emergency share sale in late 2018. Photograph: Reuters

Troubled Swiss-Irish food group Aryzta needs to sell off a further €600 million of assets to reduce debt and “return the business to profitable growth(...)

Aryzta	 is the parent company of Cuisine de France. Photograph: Nick Bradshaw

Shares in Aryzta fell again yesterday amid speculation that the company may be sold off or radically restructured in a bid to restore shareholder valu(...)

Owen Killian  with the RDS Gold Medal which was awarded by the resident of the RDS in October, 2014 Photograph: Cyril Byrne/The Irish Times

Call it a bad karma but the moment former Aryzta boss Owen Killian received the RDS Gold Medal for Industry, the State’s top business award, things be(...)

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