Swiss chocolate producer Barry Callebaut has revealed that there is trade and private equity interest in Brach’s, its US consumer confectionery business.
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Business-to-business confectioner Barry Callebaut indicated in June that it could sell Brach’s, which it acquired just four years ago.
The company told just-food today (7 September) that it will offload Brach’s with a sale possible by the end of the year.
“We will sell. This should happen within the next few months,” Barry Callebaut said. “Interested parties are coming from both sides: private equity funds and industrial companies.”
Barry Callebaut declined to comment on the identity of Brach’s suitors.
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