After the sale of Barry Callebaut’s European Consumer Products business (Stollwerck) to the Belgian Baronie Group in 2011, the Dijon factory remained as the last consumer factory within the Group.
In order to support the business under the new ownership, Barry Callebaut has agreed that ‘Chocolaterie de Bourgogne’ will continue to provide 12,000 tonnes of liquid chocolate per year to Barry Callebaut under a five-year supply contract.
The transaction will be executed upon completion of the information and consultation process with the works council.
As a result of this divestiture, Barry Callebaut expects to report a one-time loss from the discontinued operation of approximately CHF 65m for fiscal year 2011/12, which includes the operating result of the discontinued operation, one-off impairments and other one-off expenses incurred in relation to the transaction.
Source: Barry Callebaut AG
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