date:Jul 03, 2013
obal Cocoa and the process is expected to take 12 to 18 months. The combined entity, which employs more than 8,000 people, is estimated to have sales volume of 1.6 million tons and revenues of CHF6bn ($6.4bn) annually.
Barry Callebaut entered into an agreement to acquire the cocoa ingredients business of Petra Foods for $950m in December 2012.
Barry Callebaut CEO Juergen Steinemann said that the cocoa business acquired from Petra Foods is right at the core of Barry Callebaut, and will benefit