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IAWS Group
ARYZTA AG is a food business based in Zürich, Switzerland. It operates in Europe, Asia, Australia and New Zealand. It is incorporated in Switzerland and is listed on the SIX Swiss Exchange (the Zürich 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. The company went on to buy Delice de France in 1999 and La Brea Bakery in 2001. In 2003, Owe ...
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Aktiengesellschaft
(; abbreviated AG ) is a German language, 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. In the United Kingdom, the equivalent term is public limited company, 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". Meaning of the word The German word ''Aktiengesellschaft'' is a compound noun made up of two elements: ''Aktien'' meaning an acting part or shares, share, and ''Gesellschaft'', meaning company or society. English translations include ''share company'', or ''company limited by shares'', or joint-stock company. In German, ...
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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. The company is part of a joint venture between Origin Enterprises and W & R Barnett. Company history Founded in Cork in 1839 and quoted on the Irish Stock Exchange since 1967, R&H Hall had a record of service to Irish agribusiness. 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. 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-wate ...
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France
France, officially the French Republic, is a country located primarily in Western Europe. Overseas France, Its overseas regions and territories include French Guiana in South America, Saint Pierre and Miquelon in the Atlantic Ocean#North Atlantic, North Atlantic, the French West Indies, and List of islands of France, many islands in Oceania and the Indian Ocean, giving it Exclusive economic zone of France, one of the largest discontiguous exclusive economic zones in the world. Metropolitan France shares borders with Belgium and Luxembourg to the north; Germany to the northeast; Switzerland to the east; Italy and Monaco to the southeast; Andorra and Spain to the south; and a maritime border with the United Kingdom to the northwest. Its metropolitan area extends from the Rhine to the Atlantic Ocean and from the Mediterranean Sea to the English Channel and the North Sea. Its Regions of France, eighteen integral regions—five of which are overseas—span a combined area of and hav ...
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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. Lindsay Goldberg specializes in partnering with family-owned businesses, offering operational and strategic guidance. 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 1991Alan Goldbergand Robert Lindsay were founding members of Morgan Stanley's private equity business in 1984. The firm has raised approximately $17 billion since inception, across five funds. The firm raised ...
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Grupo Bimbo
Grupo Bimbo, S.A.B. de C.V. (also known simply as Bimbo) is a Mexican multinational food 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 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 57,000 routes all over the world. The company has more than 100 brands and 13,000 products, like Bimbo, Tía 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. Daniel Servitje has been Grupo Bimbo's chairman since 2013. History 1945–1960 Grupo Bimbo began operations in Mexico City on December 2, 1945, with Panificación Bimbo, S.A. as the offi ...
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Elliott Management Corporation
Elliott Investment Management L.P. 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, over a third "of Elliott's portfolio was concentrated in distressed securities, typically in the debt of bankrupt or near-bankrupt companies." The firm moved its headquarters from New York City to West Palm Beach, Florida in 2020. 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 1990s recession, however, ...
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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 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 ...
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Hostess Brands
Hostess Brands Inc. is an American bakery company formed in 2013. Its main operating subsidiaries are Hostess Brands, LLC, and Voortman Cookies Limited. The company 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 Ltd., produces wafers and cookies under the Voortman brand name. It is headquartered in Lenexa within Johnson County, Kansas. The J.M. Smucker Company agreed to acquire Hostess Brands for $5.6 billion in a cash and stock deal on September 11, 2023. The purchase was completed in November. 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 ...
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Cloverhill Bakery
Cloverhill Bakery was a producer of baked goods primarily sold through vending machines and retail throughout North America. History Cloverhill was founded by William Gee II in Chicago, Illinois, in 1961 as a small family owned vending company that hand-packed pastries. The two sons, William E. Gee III & Edward Gee, took over the business and phased out of the vending business to focus solely on the bakery to provide pastries to the vending machine customers. In 1977 Cloverhill Pastry Vend Corporation, expanded the bakery's facilities on 2020 North Parkside, Chicago, IL and implemented an automated Danish baking system. With the new Rheon dough lamination line, Cloverhill was able to bake high quality croissants for Burger Kings croissan'wich and eventually baked cinnamon rolls and pastries for Burger King too. Cloverhill also produced doughnuts for 7-Eleven. Cloverhill used dry ice in the dough process and used a dry ice crusher and dry ice purchased from Continental Ca ...
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Awn (botany)
An awn is a hairy or bristle-like growth on a plant. On the seeds of grasses such as barley or rye, they form foxtails which assist seed dispersal by being barbed and so sticking to passing animals. Also, the awns may twist or curl as they are wetted and dry out and this action can make fallen seeds walk until they fall into a crevice into which they then burrow. Besides grasses, other families of plants which have awns include Asteraceae such as sunflowers and Geraniaceae such as geraniums. In the latter, the awns help disperse the seeds by developing a tension which then catapults the seeds when the seed head ripens and dries out. Description In grasses, awns typically extend from the lemmas of the florets. This often makes the hairy appearance of the grass synflorescence. Awns may be long (several centimeters) or short, straight or curved, single or multiple per floret. Some biological genera are named after their awns, such as the three-awns (''Aristida''). In s ...
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Latin
Latin ( or ) is a classical language belonging to the Italic languages, Italic branch of the Indo-European languages. Latin was originally spoken by the Latins (Italic tribe), Latins in Latium (now known as Lazio), the lower Tiber area around Rome, Italy. Through the expansion of the Roman Republic, it became the dominant language in the Italian Peninsula and subsequently throughout the Roman Empire. It has greatly influenced many languages, Latin influence in English, including English, having contributed List of Latin words with English derivatives, many words to the English lexicon, particularly after the Christianity in Anglo-Saxon England, Christianization of the Anglo-Saxons and the Norman Conquest. Latin Root (linguistics), roots appear frequently in the technical vocabulary used by fields such as theology, List of Latin and Greek words commonly used in systematic names, the sciences, List of medical roots, suffixes and prefixes, medicine, and List of Latin legal terms ...
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Hiestand Holding
Hiestand Holding AG, based in Schlieren, was a listed Swiss large-scale bakery with a focus on convenience frozen baked goods ("ready to bake products") as well as sales concepts and services, which merged into the Aryzta Group in 2008. The Hiestand Group as a whole employed around 3,200 people and generated sales of 741 million Swiss francs in 2007. Aryzta in Switzerland continues to use the Hiestand brand for baked goods. History At the age of 24, Alfred “Fredy” Hiestand set up his first bakery with second-hand dough machines in an unused laundromat. His starting capital was CHF 5,000. In 1967, together with Albert Abderhalden, he laid the foundation for a convenience frozen baked goods group that, before its takeover in 2008, generated sales of 740.7 million Swiss francs with around 3,200 employees. A year later, Hiestand developed the first croissant dough pieces as a semi-finished product for bakeries, which he sold to major customers. In 1988, the decisive factor was ...
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