Closing of Stollwerck'sale to the Belgian Sweet Products/Baronie Group
(Thomson Reuters ONE) -
Barry Callebaut AG /
Closing of Stollwerck'sale to the Belgian Sweet Products/Baronie Group
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The issuer is solely responsible for the content of this announcement.
Barry Callebaut finalizes sale of its European consumer business
Zurich, Switzerland, September 30, 2011 - Barry Callebaut AG, the world's
leading manufacturer of high-quality cocoa and chocolate products, today
announced the completion of the sale of its European consumer business
Stollwerck to the Belgian Baronie Group, as announced on July 11, 2011. The sale
included all of the business and all assets of Stollwerck and its affiliates,
including five factories in Germany, Belgium and Switzerland. The two parties
agreed not to disclose any financial details of the transaction.
As already reported, Stollwerck, based in Germany, has sales revenue of
approximately EUR 500 million and volumes sold are more than 100,000 tonnes.
Stollwerck's volumes consist of private label business, branded chocolate
products (Sarotti, Alprose, Alpia and Jacques) and co-manufacturing for third
parties.
***
Barry Callebaut(www.barry-callebaut.com):
With annual sales of about CHF 5.2 billion (EUR 3.6 billion/USD 4.9 billion) for
fiscal year 2009/10, Zurich-based Barry Callebaut is the world's leading
manufacturer of high-quality cocoa and chocolate - from the cocoa bean to the
finished chocolate product. Barry Callebaut is present in 27 countries, operates
around 40 production facilities and employs a diverse and dedicated workforce of
about 6,000 people. Barry Callebaut serves the entire food industry focusing on
industrial food manufacturers, artisans and professional users of chocolate
(such as chocolatiers, pastry chefs or bakers), the latter with its two global
brands Callebaut® and Cacao Barry®. Barry Callebaut is the global leader in
cocoa and chocolate innovations and provides a comprehensive range of services
in the fields of product development, processing, training and marketing. Cost
leadership is another important reason why global as well as local food
manufacturers work together with Barry Callebaut. Through its broad range of
sustainability initiatives and research activities, the company works with
farmers, farmer organizations and other partners to help ensure future supplies
of cocoa and improve farmer livelihoods.
***
Contacts Barry Callebaut
for investors and financial analysts: for the media:
Evelyn Nassar Raphael Wermuth
Head of Investor Relations External Communications Manager
Barry Callebaut AG Barry Callebaut AG
Phone: +41 43 204 04 23 Phone: +41 43 204 04 58
evelyn_nassar(at)barry-callebaut.com raphael_wermuth(at)barry-callebaut.com
***
The news release can be downloaded from the following link:
--- End of Message ---
Barry Callebaut AG
P.O. Box Zurich
WKN: 914661;ISIN: CH0009002962;
Press Release (PDF):
http://hugin.info/100441/R/1550999/477728.pdf
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Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Barry Callebaut AG via Thomson Reuters ONE
[HUG#1550999]
Unternehmensinformation / Kurzprofil:
Datum: 30.09.2011 - 17:30 Uhr
Sprache: Deutsch
News-ID 71428
Anzahl Zeichen: 4177
contact information:
Town:
Zurich
Kategorie:
Business News
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