Aryzta AG (Ticker: 0MFY.L), headquartered in Schlieren, Switzerland, and founded in 2008 through the merger of Hiestand Holding AG and IAWS Group plc, operates as an international bakery company specializing in convenience and specialty frozen bakery products for bake-off solutions. The company manufactures, markets, and distributes a comprehensive portfolio of high-quality baked goods including bread and rolls, artisan loaves, morning pastries, sweet baked goods such as pastries and cookies, savory products, buns for quick service restaurants, and other items; it serves large retail, convenience and independent retailers, quick service restaurants, and foodservice customers under brands including Hiestand, Mette Munk, Pre Pain, Cuisine de France, Coup de Pates, La Carte, Oh My Sweetness, and Fornetti. Aryzta maintains a multi-local model with operations across 27 countries primarily in Europe and Asia-Pacific, including 13 bread bakeries, 13 manufacturing sites for QSR products, and 7 sales organizations for food solutions in Europe; it employs around 7,654 people and focuses on channels such as retail, QSR, and foodservice.
Recent developments include the appointment of Michael Schai as CEO effective January 1, 2025; completion of the CHF325.4 million hybrid bond repurchase in November 2024; announcement of a new Board Technology Committee and Executive Committee changes in December 2024 and October 2024, respectively; initiation of construction for a large-scale stone oven bakery in Eisleben, Germany, in December 2024; achievement of all mid-term targets ahead of schedule as of January 2025; a reverse share split implementation in April 2025; new mid-term targets and capital markets day in May 2025; and a new bakery investment in Australia in December 2023.