Barry Callebaut

Food industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

EUROPE: Barry Callebaut closes acquisition of AM Foods

2 Sep 2004

Swiss chocolate maker Barry Callebaut has announced the closing of its acquisition of Scandinavia-based AM Foods.

DENMARK/SWITZERLAND: Barry Callebaut buys from Arla Foods

5 Jul 2004

Barry Callebaut, the leading Swiss cocoa and chocolate company, has agreed to buy AM Foods from Arla Foods of Denmark for an undisclosed sum.

SWITZERLAND: Barry Callebaut eyes acquisition in premium chocolate sector

17 May 2004

Swiss chocolate maker Barry Callebaut has backed its forecast of double digit operating income growth for 2003/04 and said it is keeping an eye out for an acquisition in the premium chocolate sector.

SWITZERLAND: Barry Callebaut posts 10% rise in H1 profit

1 Apr 2004

Swiss chocolate maker Barry Callebaut has reported a 10% increase in first-half net profit and said its restructuring programme is on track.

USA: Brach's to move headquarters to Dallas

22 Jan 2004

US confectionery firm Brach's is to move its corporate headquarters to Dallas from Chicago.

SWITZERLAND: Barry Callebaut's Q1 net profit beats forecasts

7 Jan 2004

Swiss chocolate maker Barry Callebaut has reported a better-than-expected rise in first-quarter net profit and gave an optimistic outlook for the full year.

SWITZERLAND: Barry Callebaut's full-year operating result beats expectations

11 Nov 2003

Swiss chocolate maker Barry Callebaut has reported better-than-expected full-year operating profit, but said it remains cautious about the European market. The company, which makes industrial chocolate, reported operating income of CHF208.7m (US$152.9m) for its 2002/03 business year, a rise of 20.5% year-on-year, reported Reuters.

IVORY COAST: Exporters halt cocoa purchases due to row over prices - report

21 Oct 2003

Top cocoa exporters in Ivory Coast, Africa are reported to have halted purchases of cocoa because they believe the price they have to pay producers is too high.

SWITZERLAND/USA: Barry Callebaut closes acquisition of Brach's

17 Sep 2003

Swiss chocolate maker Barry Callebaut has announced that it has closed its US$16m acquisition of US-based Brach's Confections.

SWITZERLAND/USA: Barry Callebaut to buy Brach's Confections

1 Sep 2003

Swiss industrial chocolate maker Barry Callebaut has said it is to buy US-based Brach’s Confections from KJ Jacobs for US$16m in assumed debt. The deal, which is due to close this month, will give Barry Callebaut a foothold in the US confectionery market, the company said. Barry Callebaut will also provide Brach's with funding to cover the remainder of its restructuring costs to a maximum of $48m over the next four to five years.

SWITZERLAND: Barry Callebaut posts rise in income, sales

1 Jul 2003

Swiss chocolate maker Barry Callebaut has reported a 20.2% rise in operating income (EBIT) to CHF162.4m (US$120.5m) for the September to May period.

GERMANY: Lawsuit filed against Stollwerck buyout of minority shareholders

17 Jun 2003

Swiss chocolate maker Barry Callebaut has said that it has temporarily halted the compulsory buyout of the minority shareholders of its German unit Stollwerck after a lawsuit challenging the buyout was filed. Shareholders at Barry Callebaut’s general meeting on 30 April voted to squeeze out Stollwerck minority shareholders in exchange for cash compensation of CHF295 (US$225.5) per share.

SWITZERLAND: Barry Callebaut names new CFO

29 Apr 2003

Swiss chocolate maker Barry Callebaut said it has appointed Dieter A Enkelmann to the position of chief financial officer, effective 1 May. Enkelmann will succeed Ralph Schmitz-Draeger, who will stay on with the company until the end of the fiscal year in order to introduce Enkelmann to the position.

SWITZERLAND: Barry Callebaut reports 13% rise in H1 net profit

9 Apr 2003

Swiss chocolate maker Barry Callebaut has posted a 13% rise in first-half net profit, boosted by its acquisition last year of Germany's Stollwerck.

SWITZERLAND: Barry Callebaut posts 20% rise in Q1 net profit

26 Feb 2003

Swiss chocolate manufacturer Barry Callebaut has reported a 20% rise in net profit for its fiscal first-quarter. The company said net profit for the September to November period was SFr48.5m (US$35.7m). Operating profit for the quarter was up 18% to SFr49.3m. Sales increased 48% to SFr1.06bn, mainly due to the consolidation of Germany’s Stollwerck.

BELGIUM/NETHERLANDS: Barry Callebaut buys chocolate maker Luijckx

17 Feb 2003

Swiss chocolate manufacturer Barry Callebaut has said it is acquiring Dutch-Belgian firm Luijckx in order to boost its position in the gourmet market. Barry Callebaut said Luijckx had sales of over €33m (US$35.3m) in 2002 and 240 employees. Barry Callebaut’s gourmet and specialties business unit had sales of €286.2m in 2002.

GERMANY/SWITZERLAND: Stollwerck to close two German factories

31 Jan 2003

Swiss cocoa processor Barry Callebaut’s Stollwerck unit is planning to shut down two German plants at the end of September and lay off around 270 people.

ISM: Confectionery & biscuit fair illustrates future trends - but who will dominate the market?

30 Jan 2003

Innovative children’s products were central to ISM this year, with sugar-free and organic trends likely to be the next big thing. The event offered visitors the opportunity to sample the latest innovations and chocolate and sugar confectionery and biscuits, although some key companies chose not to exhibit this year…

SWITZERLAND: Barry Callebaut reports 3% earnings rise

12 Nov 2002

Swiss chocolate manufacturer Barry Callebaut has reported higher than expected operating earnings for the business year to the end of August 2002.

USA: Wrigley sweet on chocolate (COMMENT)

26 Sep 2002

Although the Hershey battle is over, Wrigley has admitted it's looking for other targets to bolster its position in the confectionery industry. Wrigley is the leading gum player with a 50% global market share, but it wants to expand into chocolate. As the confectionery industry consolidates into a handful of giants, Wrigley would do well to establish itself among this concentrated group.

SWITZERLAND/GERMANY: Callebaut sets Stollwerck buyout offer at €295 per share

17 Sep 2002

Swiss chocolate company Barry Callebaut said today [Tuesday] that it plans to offer minority shareholders in German chocolate maker Stollwerck €295 (US$284.4) per share to buy them out. The buyout offer commences today and will be on the table until 17 October. It is part of Callebaut’s cash and equity acquisition of Stollwerck, announced last April (for more information on the deal, just-food.com members click

GERMANY/SWITZERLAND: Barry Callebaut finalises acquisition of Stollwerck

7 Aug 2002

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.

SWITZERLAND: Barry Callebaut sees sweet promise in Stollwerck takeover

26 Apr 2002

Swiss chocolate giant Barry Callebaut revealed earlier today [Friday] that is has agreed to buy out German competitor Stollwerck for a cash-and-stock deal worth €175m (US$157m), including debt. Callebaut said the two companies’ activities are complementary, and that after a one-time charge of CHF80m (US$49m), Stollwerck’s integration into Callebaut will create annual synergies of around CHF32m.

1

2

3

4

5

6

7

8

10



Forgot your password?