Barry Callebaut Completes Sale Of Stollwerck To Belgian Baronie Group

Barry Callebaut AG, the Zurich-based chocolate maker, Friday said it completed the previously announced sale of its European consumer business Stollwerck to the Belgian Baronie Group.

The sale included all of the business and all assets of Stollwerck and its affiliates, including five factories in Germany, Belgium and Switzerland.

Both the companies did not disclose any financial details of the transaction.

Stollwerck, based in Germany, generates revenues of nearly 500 million euros and volumes sold are more than 100 thousand tons.

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Source and Photo: RTT News