Acquisition establishes Barry Callebaut’s presence and manufacturing capacity in Australia to cater for the Australian and New Zealand markets.
Barry Callebaut has successfully completed the acquisition of GKC Foods Australia, a producer of chocolate, coatings and fillings. Integration is expected to follow.
Ben De Schryver, president of Barry Callebaut in Asia-Pacific, said: “We are happy to welcome the team of GKC Foods to the Barry Callebaut family. The heritage and local knowledge GKC Foods has built since the 1980s, combined with the expertise, the manufacturing processes and the capabilities of an undisputed leader in chocolate and cocoa innovation will bring further excellence to the Australia and New Zealand markets. We strongly believe in the growth opportunities in these still largely captive markets.”
This strategic acquisition establishes Barry Callebaut’s presence and manufacturing capacity in the growing Australian market. The acquisition also empowers the company to expand its position in the industrial chocolate market, and to leverage its gourmet and specialties business in Australia and New Zealand.