Aryzta shutters Otis Spunkmeyer cookie plant
date:May 30, 2014
rough the acquisitions of Canada-based Pineridge Bakery and U.S.-based Cloverhill Bakery for total consideration of approximately 730 million ($1,013 million). Aryzta said it plans to invest an additional 70 million in the companies after the transactions are complete to support a strong growth pipeline and integration.
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