Aryzta gears up to offload its US business
The troubled Swiss-Irish food firm aims to strengthen position by pruning struggling divisions and appointing new chief executive
Bids for the American units of Aryzta, the Irish-Swiss food company, are expected in the next few weeks as attention switches to the appointment of a new chief executive.
Several institutional shareholders in the company have told the Business Post that Gordon Hardie, the newly-appointed non-executive director, is in the running for the chief executive’s role.
Hardie, who is Irish and was educated at UCC and UCD, has worked for companies...
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Analysis: Kerry Group split may not be as easy as it looks
A co-op move to take over the consumer foods division is expected within weeks but while it seems like a win-win for all involved, much work is needed to make it happen