Barry Callebaut to acquire Spanish chocolate maker Chocovic

House and Home House and Home

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Barry Callebaut to acquire Spanish chocolate maker Chocovic

Barry Callebaut to acquire Spanish chocolate maker Chocovic

^{Published on 2009-11-04 00:05:58 - Market Wire}

ZURICH, SWITZERLAND--(Marketwire - November 4, 2009) - (SWISS: [ BARN ])

Expanding the company's core business

 * Strengthening Barry Callebaut's position with industrial and artisanal customers in Spain * Chocovic has a highly complementary product and brand portfolio

Barry Callebaut, the world's leading manufacturer of high-quality cocoa and chocolate products, signed an agreement with the Nederland Group to acquire Spanish chocolate maker Chocovic, S.A., specializing in chocolate and specialty products for industrial and artisanal customers. The current owners will retain ownership of the other activities of the Nederland Group, which include Moner Cocoa S.A. and Nederland S.A. (cocoa processing). This acquisition underscores Barry Callebaut's strategic intention to further expand its core business with industrial and artisanal customers as well as its geographic presence.

The complete news release can be downloaded from the following link: [ http://hugin.info/100441/R/1352435/327180.pdf ]

 Further information for analysts and investors: for the media: Simone Lalive d'Epinay Gaby Tschofen Head of Investor VP Corporate Communications Relations Barry Callebaut AG, Zurich, Barry Callebaut AG, Zurich, Switzerland Switzerland phone: +41 43 204 04 60 phone: +41 43 204 04 [ gaby_tschofen@barry-callebaut.com ] 23 [ simone_lalive@barry-callebaut.com ]

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

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