Origin Enterprises seen as buyout target

Agri-services group Origin Enterprises has been touted as a potential takeover target, within the analyst community. There is speculation that former majority shareholder Aryzta may further reduce its stake in the business.

Aryzta is the Irish-Swiss baked goods business and Cuisine de France owner.

It raised over €400m for acquisition purposes in March by cutting its Origin stake from 68% to 29%.