GERMANY/SWITZERLAND: Barry Callebaut finalises acquisition of Stollwerck
German chocolate company Stollwerck is to be taken over by Barry Callebaut of Switzerland. Barry Callebaut has received approval from competition authorities to buy Stollwerck for SFr256m (US$169.9m), after announcing late April that it intended to do so. The deal brings brands such as Alpia, Gubor and Sarotti into the Barry Callebaut fold and gives it a stronger presence in Germany, where Stollwerck generates some 60% of its sales, reported Dow Jones.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Danone's Q1: four things to learn
- Interview: Sir Kensington's on sale to Unilever
- Column: Why snacking is the new meal
- Interview: "Disruptive" snack brand Hippeas
- Nestle Q1 update: four things to learn
- Tyson shops Sara Lee bakery, Kettle and Van's
- Nestle to cut UK confectionery jobs
- Icelandic to sell Saucy Fish Co. owner Seachill
- Tyson to buy burger-to-entree firm AdvancePierre
- TreeHouse Foods sells soup, baby food units