Chocolate maker Barry Callebaut has confirmed that it is evaluating options for its US-based Brach’s unit.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Brach’s, which was acquired for US$16m in 2003, has targeted own brand chocolate production. However, the US confectionery environment has proven resistant to the growth of retailer brand sales.
A spokesperson for the company told just-food that it has commissioned a study into options for its US chocolate unit. “These options could well include expansion through co-manufacturing and outsourcing arrangements,” the company said. The possibility of a sale was not ruled out.
