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Aryzta
ARYZTA AG is a food business based in Zurich with operations in Europe, Asia, Australia and New Zealand. It is incorporated in Switzerland and is listed on the SIX Swiss Exchange (the Zurich Stock Exchange). It discontinued its listing on Euronext Dublin on 1 March 2021. The group is a major supplier in the specialty frozen bakery sector, and is a global supplier of baked goods to the food service, retail and quick service restaurant sectors. History The company was founded as the Irish Co-Operative Agricultural Agency Society in January 1897 and renamed the Irish Agricultural Wholesale Society ('IAWS') in December 1897. It was first listed on the Irish Stock Exchange in 1988 and for most of the 1990s the company was managed by Philip Lynch, first as chief executive officer and later chairman. It bought Shamrock Foods in 1989, R&H Hall in 1990 and Cuisine de France in 1997. It went on to buy Delice de France in 1999, La Brea Bakery in 2001, Groupe Hubert in 2005 and Otis Spunkm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Picard Surgelés
Picard Surgelés is a French food company specializing in the manufacture and retail distribution of frozen products. It began as Les Glacières de Fontainebleau in 1906. Picard Surgelés has almost 900 retail stores in France. In 2014, French consumers voted Picard as their favorite brand. The company produces about 700 different products, which are sold exclusively under the Picard brand. History Picard began as ''Les Glacières de Fontainebleau'' in 1906. Raymond Picard founded it as an ice-supply business, to provide households with blocks of ice prior to the advent of home refrigerators. Arnaud Decelle bought the business in 1974 and began to sell frozen vegetables from a store in Paris. Today, Picard is owned by jointly by Aryzta (49%) and Lion Capital (51%), and commands about 20 percent of the French frozen food market. In October 2019, Aryzta's board agreed to an offer from the Tunisian investment company Groupe Zouari to divest 43% of its stake in Picard for a sum of â ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cloverhill Bakery
Cloverhill Bakery is a producer of baked goods primarily sold through vending machines throughout North America. It also produces the buns used by McDonald's. Cloverhill was founded in Chicago, Illinois, in 1961 as a small family owned vending company that hand-packed pastries. In 1977 the bakery expanded their facilities and implemented an automated Danish baking system. In 2011 Cloverhill opened an additional facility in Cicero, IllinoisCloverhill was acquired by Aryzta in 2014. In 2017, an ICE immigration raid on its Chicago facility resulted in the removal 800 workers who were found to be hired and employed without legal documentation. On February 1, 2018, Aryzta announced that it had sold the Big Texas and Cloverhill brands to Hostess Brands. Product lines Their products include Danish pastries, cinnamon rolls, crumb cakes, cake doughnuts and honey buns each wrapped for individual sale. Cloverhill Bakery baked goods are also sold through supermarkets, warehouse clubs and conve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
La Brea Bakery
La Brea Bakery is a retail bakery, restaurant operator, and industrial baking company started in Los Angeles, California. Since opening its flagship store on 624 S La Brea Avenue in 1989—six months earlier than Campanile, the restaurant it was built to serve—La Brea has opened two much larger bakeries in Van Nuys, California, and Swedesboro, New Jersey, to serve wholesale clients. It also sells its products in the United Kingdom and Ireland. La Brea Bakery is one of the largest sellers of fresh bread in the US. In 2001, La Brea was acquired by Aryzta AG. In 2021, Aryzta sold its interest in La Brea Bakery and its other North American brands (Aryzta North America) to Lindsay Goldberg. In May 2021, Aryzta North America was renamed to Aspire Bakeries. History Founders Nancy Silverton and Mark Peel had originally wanted to open a restaurant that offered fresh-baked bread. At the time, Silverton was working at Wolfgang Puck's Spago. However, she found that "unless you were rea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Otis Spunkmeyer
Otis Spunkmeyer Inc. is a baked goods distribution company. Otis Spunkmeyer produces cookies, muffins, frozen cookie doughs, and other pastries. History Ken Rawlings, the founder of Otis Spunkmeyer, Inc., opened the first fresh-baked cookie store in Oakland, California in 1977. For the name of the business, Rawlings took the suggestion of his 12-year-old daughter who coined the name. By 1983, with his brother Bill, Rawlings had grown the company to less than two dozen stores. With high overhead costs and weak sales, the company shifted its focus from retail to wholesale, creating a store-baked cookie program for other foodservice operators. The program included pre-portioned frozen cookie dough, a pre-set convection oven, and marketing materials. This program allowed both big and small foodservice operators to sell store-baked cookies in their facilities. Otis Spunkmeyer hired a pair of DC-3 aircraft painted with the company logo and had them fly over the Golden Gate bridge. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
R&H Hall
R&H Hall plc is Ireland's biggest importer and supplier of animal feed ingredients for feed manufacturing through its trading, purchasing, shipping and storage capability. Company history IAWS purchased two small feed trading businesses between 1988 and 1989 called Unigrain and James Allen. Another feed trading company, R&H Hall plc, was purchased by IAWS in September 1990 and at that time was a major acquisition doubling the size of the overall organisation. Founded in Cork in 1839 and quoted on the stock exchange since 1967, R&H Hall had a record of service to Irish agribusiness. All three companies were merged under the name R&H Hall, as this was the best known of the names. Company location and operation The group's trade and shipping capability gives it access to international markets and sources of supply. Ingredients are imported from twenty countries worldwide via its deep-water port facilities around the Irish coast; Belfast, Dublin, Cork, Ringaskiddy and Foynes. R&H Ha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hostess Brands
Hostess Brands is an American-based bakery company formed in 2013. It owns several bakeries in the United States that produce snack cakes under the Hostess and Dolly Madison brand names and its Canadian subsidiary, Voortman Cookies Limited, produces wafers and cookies under the Voortman brand name. It is headquartered in Lenexa within Johnson County, Kansas. Its main operating subsidiaries are Hostess Brands, LLC, and Voortman Cookies Limited. History The Hostess Brands company formed in June 2013, having started as a venture by Apollo Global Management and C. Dean Metropoulos and Company, to acquire assets from Old HB, the company formerly known as Interstate Bakeries and Hostess Brands Inc. Apollo and Metropoulos purchased certain cake business assets of Old HB – which had filed for Chapter 11 bankruptcy and bankruptcy liquidation – through the bankruptcy court, ultimately assuming the name, branding and much of the product line of the former Hostess Brands. These assets ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philip Lynch
Philip Lynch (born 1946) is an Irish businessman who has held the position of chief executive at two Irish public limited companies and multiple senior directorships including chairman of the board of An Post. In October 2010, he was forced by the then Irish minister for health, Mary Harney, to resign his position as chairman of the National Paediatric Hospital Development Board over his desire to relocate the new Irish children's hospital from Dublin city centre to a site near the M50 motorway. Background and education Lynch was born at Innishannon, County Cork. He was educated at Hamilton High School, County Cork, Copsewood College in County Limerick and studied accountancy and economics at Waterford Regional Technical College. Business career Lynch formerly served as the chief executive of IAWS , a non executive director for ARYZTA AG and A.Hiestand Holding AG , the chief executive officer and Executive Director for One51 plc , and as the director for Irish Pride Bake ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aktiengesellschaft
(; abbreviated AG, ) is a German word for a corporation limited by Share (finance), share ownership (i.e. one which is owned by its shareholders) whose shares may be traded on a stock market. The term is used in Germany, Austria, Switzerland (where it is equivalent to a ''S.A. (corporation), société anonyme'' or a ''società per azioni''), and South Tyrol for companies incorporated there. It is also used in Luxembourg (as lb, Aktiëgesellschaft, label=none, ), although the equivalent French language term ''S.A. (corporation), société anonyme'' is more common. In the United Kingdom, the equivalent term is public limited company, "PLC" and in the United States while the terms Incorporation (business), "incorporated" or "corporation" are typically used, technically the more precise equivalent term is "joint-stock company" (though note for the British term only a minority of public limited companies have their shares listed on stock exchanges). Meaning of the word The German w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lindsay Goldberg
Lindsay Goldberg (LGLLC) is an American private equity firm focused on leveraged buyout and growth capital investments in middle-market companies in such sectors as consumer products, commodity-based manufacturing, energy services, business services, healthcare, financial services, energy transmission and waste disposal. Synopsis LGLLC, which is based in New York City, was founded in 2001 by Alan Goldberg, who had previously served as chairman and CEO of Morgan Stanley Private Equity (later Metalmark Capital) and Robert Lindsay, who played a central role in the Bessemer Trust private equity business, serving most recently as Managing General Partner since 1991. Goldberg and Lindsay had worked together in the 1980s at Morgan Stanley. They were founding members of the private equity business in 1984. The firm has raised approximately $13 billion since inception, across four funds. The firm raised $2 billion for its first fund in 2002. In 2006, the firm completed fundraising for it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grupo Bimbo
Grupo Bimbo, S.A.B. de C.V. (also known simply as Bimbo) is a Mexican multinational company with a presence in over 33 countries located in the Americas, Europe, Asia, and Africa. It has an annual sales volume of 15 billion dollars and is currently listed on the Mexican stock exchange with the ticker BIMBO. Grupo Bimbo has 134,000 employees, 196 bakery plants, 3 million points of sale, a distribution network with 57 thousand routes all over the world. The company has more than 100 brands and 13 thousand products, like Bimbo, TÃa Rosa, Entenmann's, Pullman, Rainbo, Nutrella, Marinela, Oroweat, Sara Lee, Thomas', Arnold and Barcel. Its strategic associations include Alicorp (Peru); Blue Label (Mexico); Fincomún, Galletas la Moderna, Grupo Nutresa (Colombia); Mundo Dulce (Argentina); among others. As of 1997, Daniel Servitje is Grupo Bimbo's CEO, and its chairman since 2013. History 1945 – 1960 Grupo Bimbo began operations in Mexico City on December 2, 1945, with Panificaci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Elliott Management Corporation
Elliott Investment Management is an American investment management firm. It is also one of the largest activist funds in the world. It is the management affiliate of American hedge funds Elliott Associates L.P. and Elliott International Limited. The Elliott Corporation was founded by Paul Singer, who is CEO of the management company, based in New York City. As of the first quarter of 2015, Elliott's portfolio is worth over $8 billion. By 2009 "more than one-third of Elliott’s portfolio was concentrated in distressed securities, typically in the debt of bankrupt or near-bankrupt companies." In October 2020 Singer announced that his firm was relocating its headquarters to West Palm Beach, Florida. Overview Singer created Elliott Associates in January 1977, starting with $1.3 million from friends and family and choosing the Elliott brand as it is his middle name. In its earliest years, the firm focused on convertible arbitrage. Since the 1987 stock market crash and early 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market Value
Market value or OMV (Open Market Valuation) is the price at which an asset would trade in a competitive auction setting. Market value is often used interchangeably with ''open market value'', ''fair value'' or ''fair market value'', although these terms have distinct definitions in different standards, and differ in some circumstances. Definition International Valuation Standards defines market value as "the estimated amount for which a property should exchange on the date of valuation between a willing buyer and a willing seller in an arm’s-length transaction after proper marketing wherein the parties had each acted knowledgeably, prudently, and without compulsion". Market value is a concept distinct from market price, which is "the price at which one can transact", while market value is "the true underlying value" according to theoretical standards. The concept is most commonly invoked in inefficient markets or disequilibrium situations where prevailing market prices are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
