Aryzta may sell stake in Origin Enterprises

ARYZTA, the company to be created by IAWS’s takeover of Hiestand, may sell a stake in Origin Enterprises to focus on its main business, according to NCB Stockbrokers.

IAWS took control of Swiss firm Hiestand earlier this month to form the world’s biggest maker of frozen baked goods.

Last year it transferred its animal-feed ingredients and other agribusiness activities into Origin but it remains the majority owner.