date:Mar 12, 2014
plete, these acquisitions will significantly enlarge Aryztas bakery capabilities, customer access and product portfolio in north America and should provide double digit earnings per share accretion in fiscal 2015.
Aryzta said it plans to invest an additional 70 million in the companies after the transactions are complete to support a strong growth pipeline and integration. The two companies had combined revenues of about 400 million.
In their HI results which account to the end of January 2014