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Delice de France demerges from ARYZTA Group

22nd Oct 2019 - 09:57
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Delice de France demerges from ARYZTA Group
Abstract
Bakery specialist Delice de France has demerged from ARYZTA AG through a management buyout led by managing director, Thierry Cacaly.

Cacaly commented: “This bold move represents an outstanding milestone in the company’s 35-year history. I am delighted to confirm our ongoing exclusive relationship with ARYZTA AG, which guarantees our customers the full range of products and services that they currently enjoy from Delice de France.

“For the first time since 1984, when the company was founded; we have a passionate, focused and well-seasoned leadership team who are dedicated to our customers and colleagues driving innovation across all product categories and the business.”

Cacaly and his management buyout team, which included Anthea Chia; Jenny Bayliss; Max Hilton Jenvey; Martin Sturgess and non-executive director Philippe Carrier, completed the demerger.

The new team has told customers it will reach out over the next few days and weeks to allow them to discuss any concerns or questions about the buyout. 

Written by
Edward Waddell