FONT-SIZE Plus   Neg

Barry Callebaut Acquires Spanish Company La Morella Nuts S.A. - Quick Facts

Barry Callebaut AG (BARN.SW,BYCBF.PK) Wednesday said it has signed an agreement to acquire 100 percent of the privately owned Spanish nut manufacturer La Morella Nuts S.A.

The company noted that the acquisition of La Morella Nuts underlines Barry Callebaut's strategic intention to further strengthen its market position in adjacent products for both its Gourmet & Specialties Products and its Food Manufacturers Products business.

Many of Barry Callebaut's customers are asking for combinations of chocolate and nut products. With the acquisition of La Morella Nuts, Barry Callebaut will become a European leader in nut products extending its existing nut offerings with a wide spectrum of high-quality products, including almonds and hazelnuts, as well as specialty nuts like cashews, pecans, pistachios, macadamia and others.

La Morella Nuts will be integrated in Barry Callebaut's business Region Europe
as of January 2012.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Target's website crashed for short period due to the heavy traffic of Cyber Monday, the biggest online shopping day of the year. It's another sign that consumers are growing completely confortable with shopping online instead of braving the holiday shopping season crowds at brick-and-mortars. Target's... Global watch maker, Swatch Group will be launching "pay by the wrist" watches early next year in partnership with Visa Inc. Wal-Mart Stores, Inc. (WMT) Tuesday said nearly half of its orders since Thanksgiving have been placed on a mobile device, double compared to last year. Star Wars toys, 4K HDTVs 50-55", drones, Xbox One and PS4 video game bundles, iPad Minis and 14-ft. trampolines were among the categories that gained...
comments powered by Disqus
Follow RTT