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
Swiss chocolate manufacturer Barry Callebaut has reported an
increase in pre-tax profits for the 2001/02 year despite a decline
in volumes and higher raw material costs. Nwe product launches at
the premium end of the market have helped...
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.
For product innovation, read premium products.
Barry Callebaut completes its takeover of Stollwerck with an offer
of €295 per share for the remaining 3.9 per cent. The Swiss firm
said it would welcome investment from former Stollwerck
shareholders in its ongoing business.
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