Swiss chocolate producer Barry Callebaut has sealed plans to attain two sites in Europe from Nestlé.
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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.”
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By GlobalData
