Companies / Switzerland
Barry Callebaut, Natra Talks Break Down
September 2009 | Company News AlertBusiness-to-business chocolate supplier Barry Callebaut has failed to reach an agreement with Spanish corporation Natra for the disposal of Stollwerck, Barry Callebaut's European consumer chocolate business. A disagreement over the valuation of the business was given as a reason behind the failure to reach a deal. Barry Callebaut said its strategic decision to exit the chocolate business remains unchanged. However, BMI has previously questioned the attractiveness of the Stollwerck business to any of the major confectionery producers and this continues to be our
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