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Aspire was carved out of ARYZTA AG following the acquisition by Lindsay Goldberg in May 2021. Founded in 2001 and headquartered in New York, Lindsay Goldberg is a private investment firm that focuses on partnering with families, founders and management teams seeking to actively build their businesses.
La Brea Bakery is one of the largest sellers of artisan bread in the US. In 2001, La Brea was acquired by Aryzta AG. In 2021, Aryzta sold its interest in La Brea Bakery and its other North American brands (Aryzta North America) to Lindsay Goldberg. In May 2021, Aryzta North America was renamed to Aspire Bakeries.
Aryzta North America, the owner of Otis Spunkmeyer and other bakery brands, has changed its name to Aspire Bakeries, a name intended to reflect the direction in which the company aims to continue to move: upwards, the company said.
LOS ANGELES ARYZTA North America has announced it has changed its name to Aspire Bakeries, a name reflecting the direction the company is moving: Upward.
Lindsay Goldbergs Acquisition of ARYZTA AGs North American Bakery Business | Cravath, Swaine Moore LLP.

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The company merged with Hiestand Holding AG in August 2008 and, having changed its name to ARYZTA, commenced trading on the SIX Swiss Exchange and the Irish Stock Exchange on 22 August 2008. The new name derived from Latin arista, which referred to the apex or awn of a wheat grain.