SOURCE: Barry Callebaut AG

November 04, 2009 02:18 ET

Barry Callebaut to acquire Spanish chocolate maker Chocovic

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:

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       

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