Already the world’s leading processor of cocoa, this acquisition means that Cargill now becomes the leading provider of industrial chocolate in Germany, Europe’s largest chocolate market.
KVB’s two production plants based in Berlin will complement Cargill’s existing German cocoa and chocolate facilities in Klein Schierstedt and Hamburg, as well as its network of facilities in Europe, Brazil, Africa and the US.
These two plants will expand Cargill’s production capacity by over 75,000 metric tonnes of chocolate per year, as well as increase its workforce by approximately 180 employees.
The integration of KVB into Cargill’s cocoa and chocolate business will begin immediately.
Source: Cargill
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