ARYZTA’S SLOW RECOVERY REFLECTED IN SHARE PRICE

Kevin Toland

IT HAS never been explained why former Aryzta CEO Owen Killian bought a minority 47.8% stake in French frozen foods retailer Picard, for a huge €447m in August 2015, given that this acquisition made no strategic sense for the group, which has no retailing skills or knowledge. The deal proved to be sorely ill-advised, with… Read more »