The Swiss Aryzta AG acquired the Fornetti
The Swiss specialty bakery company Aryzta has acquired the Hungarian pastry shop chain Fornetti – Szabó József, former managing director announced together with Sebastian Gooding, the new managing director of the Fornetti Kft., at a press conference on Wednesday in Kecskemét.
Fornetti has reached the limits of its growth, so the owner decided to sell it – Szabó József stressed. Sebastian Gooding added that the Aryzta AG that is a market leader in Europe would like to strengthen its Central and Eastern European presence on the basis of Fornetti. The did not disclose the details of the transaction. (MTI)
Related news
AM: focus is on the food industry
The food industry is of particular importance in the Hungarian…
Read more >Podravka signs deal to buy Fortenova food and drink assets
Croatian food business Podravka has struck a deal to buy…
Read more >Food and beverage innovation plunges nearly 50% since 2007: Mintel
The market research firm said about a quarter of items…
Read more >Related news
Henkel delivers good organic sales growth and very strong earnings improvement in first half of 2024
In the first half of 2024, Henkel recorded good organic…
Read more >PENNY stores only close on August 20th
You can conveniently do your shopping even on the holiday…
Read more >Resolution regarding the GVH procedure initiated against Szentkirályi Hungary
Yesterday, the Economic Competition Authority (GVH) announced in a press…
Read more >