date:Jul 03, 2013
Swiss cocoa and chocolate products manufacturer Barry Callebaut has completed the acquisition of the cocoa ingredients business of Singapore-based Petra Foods for $860m.
This acquisition makes Barry Callebaut the world's leading cocoa and chocolate manufacturer and diversifies its global footprint to 50 factories on four continents.
Petra Foods' Cocoa Ingredients Division is a leading cocoa products supplier in Asia with a sales volume of 265,000t globally. The division has seven processing fa