Barry Callebaut Completes Disposal Programme
Barry Callebaut has completed the sale of its factory and the related business in Dijon (France) to the newly formed Chocolaterie de Bourgogne. The sale concludes the final step in Barry Callebaut’s programme to dispose of all its consumer activities and to fully focus on business-to-business, serving industrial food manufacturers, artisans and professional users of chocolate.
As a result of the divestiture, Barry Callebaut reported a one-time loss from discontinued operations of SFr66.8 million (Eur55.1 million) in its fiscal year 2011/12. The operational result of the business until completion of the sale as well as final price adjustments will be reported under discontinued operations for the company’s fiscal year 2012/13. Barry Callebaut is not expecting a significant additional write-off.
With annual sales of about SFr4.8 billion (Eur4.0 billion) for fiscal year 2011/12, Zurich-based Barry Callebaut is the world’s leading manufacturer of high-quality cocoa and chocolate. From the cocoa bean to the finest chocolate product. Barry Callebaut is present in 30 countries, operates around 45 production facilities and employs about 6,000 people.
