Stollwerck, the German confectionery group, is to close two ageing
production facilities and transfer production of its Gubor brand to
the Van Houten plant near Hamburg, according to parent company
Barry Callebaut.
Despite sharp rises in raw material prices, Swiss chocolate
manufacturer Barry Callebaut reports a slight profit and dividend
increase on a decent sales growth for its 2001/02 business year.
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Swiss chocolate company Barry Callebaut said this week that it has
received antitrust approval to take over Germany's Stollwerck for
CHF256 million (€175m).
Barry Callebaut, the world's top manufacturer of cocoa and
chocolate products, has confirmed that it will buy German chocolate
firm Stollwerck from Imhoff Industrie-Holding in a CHF256 million
(€174.9m) deal.