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Agency / Source: Barry Callebaut AG

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Barry Callebaut Completes Acquisition of Chocolate Production Facility in Halle, Belgium - Successful closing of transaction with Mondelēz International
Barry Callebaut Completes Acquisition of Chocolate Production Facility in Halle, Belgium

 

PRZOOM - /newswire/ - Zurich, Switzerland, 2016/12/31 - Successful closing of transaction with Mondelēz International. BARN

   
 
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• Works council consultations completed;
• Long-term agreement for the supply of an additional 30,000 tonnes of liquid chocolate per year to Mondelēz International, starting in early 2017.

Barry Callebaut AG, the world’s leading manufacturer of high-quality chocolate and cocoa products, successfully closed the acquisition of the chocolate production facility from Mondelēz International in Halle, Belgium, as announced on September 15, 2016. This follows the completion of works council consultations and closing conditions. The factory in Halle, which will be integrated into Barry Callebaut’s global manufacturing network as of January 1, 2017, will expand the company’s production capacity for quality Belgian chocolate and fillings. The transaction also includes a long-term agreement for the supply of an additional 30,000 tonnes of liquid chocolate per year to Mondelēz International, which will start in early 2017.

About Barry Callebaut Group

With annual sales of about CHF 6.7 billion (EUR 6.1 billion / USD 6.8 billion) in fiscal year 2015/16, the Zurich-based Barry Callebaut Group (barry-callebaut.com) is the world’s leading manufacturer of high-quality chocolate and cocoa products from sourcing and processing cocoa beans to producing the finest chocolates, including chocolate fillings, decorations and compounds. The Group runs more than 50 production facilities worldwide and employs a diverse and dedicated global workforce of close to 10.000 people.

The Barry Callebaut Group serves the entire food industry, from industrial food manufacturers to artisanal and professional users of chocolate, such as chocolatiers, pastry chefs, bakers, hotels, restaurants or caterers. The two global brands catering to the specific needs of these Gourmet customers are Callebaut® and Cacao Barry®.
The Barry Callebaut Group is committed to make sustainable chocolate the norm by 2025, to help ensure future supplies of cocoa and to improve farmer livelihoods. It supports the Cocoa Horizons Foundation in its goal to shape a sustainable cocoa and chocolate future.

 
 
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Agency / Source: Barry Callebaut AG

 
 

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Barry Callebaut Completes Acquisition of Chocolate Production Facility in Halle, Belgium

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Barry Callebaut AG |
Contact: Christiaan Prins - Barry-Callebaut.com 
+41 43 204 03 76
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Barry Callebaut AG securities in any jurisdiction including any other companies listed or named in this release.

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