Swiss chocolate producer Barry Callebaut has sealed plans to attain two sites in Europe from Nestlé.
Barry Callebaut said today (2 July) that it has won regulatory approval to take control of chocolate factory in France, as well as a cocoa liquor and liquid chocolate making facility at a Nestlé’s factory in Italy.
The acquisitions were first agreed in February when the two companies signed a supply deal. Barry Callebaut will supply Nestlé with 43,000 metric tonnes of chocolate products a year.
Barry Callebaut CEO Patrick De Maeseneire said: “I am very pleased that we have now finalized this agreement, which marks an important step ahead in Barry Callebaut’s strategy to be the outsourcing partner of choice for the chocolate industry.”