date:Dec 13, 2012
Barry Callebaut has reached an agreement with Petra Foods of Singapore to acquire Petras Cocoa Ingredients Division for $US950 million. Petra Foods Cocoa Ingredients Division is said to be the largest cocoa products supplier in Asia with a global sales volume of 265,000 MT and 47,000 MT of co-manufacturing volumes for large accounts, sales revenue of USD 1.3 billion (CHF 1.1 billion) and 1,700 employees in fiscal year 2011 (ended December 31, 2011).
The business has a significant global footpr