The acquisition forms part of ARYZTA’s strategy to reinforce its presence in key European markets and improve access to premium frozen bakery products for customers in France.
The deal marks a significant expansion for the Spanish frozen dough giant into the competitive North American foodservice market, though the financial terms of the transaction were not disclosed.
The new facility, expected to be completed and commissioned in 2026, will consolidate several smaller inland bakeries into a single high-capacity production hub capable of producing approximately 12,000 loaves of bread every hour.
Ghana has opened talks with Thai investors as it seeks fresh capital, industry knowledge, and processing capacity to support its goal of achieving palm oil self-sufficiency.
The financing comes as tighter global phosphate supplies create fresh opportunities for new producers entering the market.