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Written by / Agency / Source: Barry Callebaut AG
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Barry Callebaut Successfully Closes Transaction with Burton’s Biscuit Company in the UK - Barry Callebaut announced it had now successfully closed the transaction with Burton's and acquired the chocolate manufacturing assets of their factory in Moreton - BurtonsBiscuits.com / Barry-Callebaut.com
Barry Callebaut Successfully Closes Transaction with Burton’s Biscuit Company in the UK

 

NewswireToday - /newswire/ - Zurich, Switzerland, 2018/12/10 - Barry Callebaut announced it had now successfully closed the transaction with Burton's and acquired the chocolate manufacturing assets of their factory in Moreton - BurtonsBiscuits.com / Barry-Callebaut.com. BARN

   
 
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Closing of transaction

• Long-term agreement for the supply of over 12,000 tonnes of chocolate and compound per year to Burton’s Biscuit Company;
• Acquisition of the chocolate manufacturing assets of Burton’s Biscuit Company in Moreton, Wirral, near Liverpool (UK).

After signing an agreement with Burton's Biscuit Company (burtonsbiscuits.com), the UK's second biggest biscuit manufacturer, for the long-term supply of over 12,000 tonnes of chocolate and compound per year on September 19, 2018, Barry Callebaut, the world's leading manufacturer of high-quality chocolate and cocoa products, announced it had now successfully closed the transaction with Burton's and acquired the chocolate manufacturing assets of their factory in Moreton, Wirral, near Liverpool (UK), following completion of the regulatory approval and closing conditions. The integration of the factory in Moreton into the Barry Callebaut network will start as of now.

About Barry Callebaut Group

With annual sales of about CHF 6.9 billion (EUR 6.0 billion / USD 7.1 billion) in fiscal year 2017/18, the Zurich-based Barry Callebaut Group (barry-callebaut.com) is the world’s leading manufacturer of high-quality chocolate and cocoa products from sourcing and processing cocoa beans to producing the finest chocolates, including chocolate fillings, decorations and compounds. The Group runs about 60 production facilities worldwide and employs a diverse and dedicated global workforce of more than 11,500 people.

The Barry Callebaut Group serves the entire food industry, from industrial food manufacturers to artisanal and professional users of chocolate, such as chocolatiers, pastry chefs, bakers, hotels, restaurants or caterers. The two global brands catering to the specific needs of these Gourmet customers are Callebaut® and Cacao Barry®.

The Barry Callebaut Group is committed to make sustainable chocolate the norm by 2025 to help ensure future supplies of cocoa and improve farmer livelihoods. It supports the Cocoa Horizons Foundation in its goal to shape a sustainable cocoa and chocolate future.

 
 
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Written by / Agency / Source: Barry Callebaut AG

 
 

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Barry Callebaut Successfully Closes Transaction with Burton’s Biscuit Company in the UK

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Publisher Contact: Frank Keidel - Barry-Callebaut.com 
+41 76 399 69 06 frank_keidel[.]barry-callebaut.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Barry Callebaut AG securities in any jurisdiction including any other companies listed or named in this release.

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