date:Mar 12, 2013
period, adding complementary bakery capability and de-risking expansion.
During the period Food North America also discontinued its direct-store delivery business, resulting in the closure of 50 distribution centers and 224 truck routes, the company said. Additionally, the group disposed of its 50% interest in a joint venture previously held as part of the Food North America segment.
In a March 11 conference call with analysts, Owen Killian, chief executive officer, said Aryzta plans to concen