Analysts surprised by Aryzta’s frozen food move

Baked goods group Aryzta, which owns the Cuisine de France brand, has surprised analysts and investors with its latest acquisition.

22nd April, 2015
45
Owen Killian, chief executive of Aryzta: share price dipped after announcement of Picard dealTony O'Shea

Last week it emerged that the Swiss-Irish food company planned to acquire a 49 per

cent stake in French food retailer Picard from private equity firm Lion Capital in a

€447 million deal.

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