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Aryzta completes Canada bakery buy

Thursday, April 03 12:33:32

Irish-Swiss bakery group, Aryzta has completed its acquisition of Pineridge Bakery in Canada following the receipt of all necessary regulatory clearances.

The E730m deal to buy Pineridge and a US food company called Cloverhill Bakery was announced by Aryzta last month.

In February of last year, Aryzta acquired Klemme, a German bakery enterprise with annual revenues of some E229m.