Aryzta Legal Action Details Troubled Baker's US Retail Expansion Plan
March 19, 2018 | 1 min to read
Troubled baked goods firm Aryzta is being sued in the United States by kiosk-maker Groom Construction, which claims the Swiss-Irish firm intended to buy hundreds of units from the Massachusetts company as it planned to roll out 2,500 in-store bakeries under its Fornetti brand by 2020.
It's another sign of the fall-out from Aryzta's challenging position in the US, where it is under significant pressure.
Aryzta, now headed by Kevin Toland, acquired the Hungarian Fornetti bakery business in 2015. In 2016, Aryzta launched plans to introduce the Fornetti brand to the United States.
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