Swiss group Aryzta is to set up in Portugal with a €40 million investment to produce bread, cakes and pastries.
The announcement was made on Thursday by the Swiss company that has an annual turnover of €2Bn.
The stock market listed company will build the factory near Lisbon over a two-year period starting this year, with the facility expected to be fully operational in 2028.
“Combined with Aryzta’s existing bun bakery in Spain, the new facility is expected to deliver significant optimisation of supply chains and customer service levels across the Iberian Peninsula, while also contributing to operational carbon-footprint reductions,” the company said in a trading update ahead of its final 2025 results due on March 2..
A spokesperson for the bread, rolls, buns and laminated bakery products manufacturer confirmed the Portugal site will mainly supply quick-service restaurants, or QSR.
Aryzta is already a supplier of buns to the fast-food chain McDonald’s, although the spokesperson did not name the end customer.
Under the tutelage of interim CEO and chairman Urs Jordi, Aryzta said on January 22 that it has “taken decisive actions to reposition the business for profitable growth and improved performance for 2026”.
SOURCE: Negócios