This week’s revelation that Aryzta boss Owen Killian was paid a whopping €7m failed to spark an outcry, due in part to the deliberate low-profile enjoyed by the Roscommon man and the Swiss-Irish firm he heads, says Kyran Fitzgerald.

ARYZTA, the Irish-Swiss bakery group, has successfully raised $120 million (€99.3m) to partly fund the two acquisitions it announced earlier this week.

ARYZTA, the food company formed from the merger of IAWS and Swiss bakery group Hiestand, has spent $1.08 billion (€900m) to acquire Fresh Start bakeries and Great Kitchens in the US.

Swiss-Irish food company Aryzta has paid a billion dollars to acquire a frozen pizza company and a bakery group that specialises in making hot dog and hamburger buns.