The share deal comprises the entire Stollwerck Group including five factories in Germany, Belgium and Switzerland. The transaction also includes a long-term supply agreement between Baronie Group and Barry Callebaut for the supply of approximately 25,000 tonnes of liquid chocolate annually, as well as the additional supply of cocoa beans and semi-finished products.
The two contracting parties agreed not to disclose any financial details of the transaction, which is subject to antitrust assessment. Closing is expected for autumn 2011. Rabobank International acted as the financial advisor for this transaction.
Source: Barry Callebaut
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