The transaction includes a specialty factory in Mjölby, focused on the production of specialty compound chocolate, fillings and inclusions. This acquisition will add a total production capacity of 35,000 tonnes.
In addition, Barry Callebaut will take over the industrial chocolate and compound production of Carletti in Denmark including sales to third parties, and at the same time sign an outsourcing agreement to supply Carletti with their requirements for liquid chocolate and compound products.
The total additional volume for Barry Callebaut consisting of the ASM Foods business and the outsourcing agreement with Carletti will be approximately 25,000 tonnes of chocolate, compound and fillings.
As part of the agreement, Barry Callebaut will sell its non-core business of frozen pastry products in Alicante, Spain, to Givesco, the holding company of Carletti and ASM Foods AB.
Source: Barry Callebaut
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