Chocolate giant Barry Callebaut has played down reports that the company’s majority shareholder wants to increase its stake in the business.

A report in Swiss business publication Handelszeitung claimed that Jacobs Holding wanted to up its shareholding in Callebaut to 50.5%.

The weekly paper carried an interview with Andreas Jacobs, a member of the holding company, and quoted him as saying the shareholding group wants to “expand the stakes in the long term”.

However, a Callebaut spokesperson told just-food today (13 May) that the family had no intention of increasing its stake in the Swiss chocolate maker.

“There was some misinterpretation,” the spokesperson said. “[Mr Jacobs] said that the family definitely wants to keep the participation in the company, not to increase its participation.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.