date:Mar 12, 2014
The Irish-Swiss food group Aryzta has outlined plans to expand further into the North American market, with the acquisition of two baking companies marking a move away from their traditional frozen food business.
News of Aryzta's most recent acquisitions, Pineridge Bakery in Canada and Cloverhill Bakery in the US, were revealed in their half-year results which were published yesterday.
730 million was paid for the 100% ownership of both North American ventures.
The company said that once com