Editor’s pickBarry Callebaut to acquire GKC Foods in Australia
Acquisition establishes Barry Callebaut’s direct presence and manufacturing capacity in Australia to cater for the Australian and New Zealand markets.
The Barry Callebaut Group has signed an agreement to acquire GKC Foods Australia, a producer of chocolate, coatings and fillings, serving many consumer chocolate brands in Australia and New Zealand.
This strategic acquisition establishes Barry Callebaut’s direct presence and manufacturing capacity in the growing Australian market. The acquisition of GKC Foods empowers Barry Callebaut to expand its position in the industrial chocolate market and to leverage its gourmet and specialties business in Australia and New Zealand. Barry Callebaut will continue to work with local distributors across Australia and New Zealand who have been importing and distributing its industrial and gourmet chocolate and cocoa products to the country since the 1970s.
Barry Callebaut’s investment involves upgrading and expanding the factory’s existing infrastructure, installing a new chocolate production line, and the deployment of an integrated management system to enhance automated production.
Ben De Schryver, president of Barry Callebaut in Asia-Pacific, said: “We strongly believe in the growth opportunities of the Australian and New Zealand chocolate confectionery markets. We already have the highest quality products today, and we will further grow our competitive advantage through the acquisition of, and investment in, the GKC Foods manufacturing facility in Australia.”
GKC Foods has been manufacturing “Made in Australia” chocolate and confectionery products since the 1980s. Today, the company produces a wide range of products including organic and vegan chocolate for dedicated chocolate shops, gourmet delis, specialty food outlets, and national retailers. The company operates a chocolate factory and a warehouse in Melbourne.
John Borell, managing director for GKC Foods, said: “I am proud of the great chocolate business we have built from scratch over the past 35 years. Our agreement with Barry Callebaut will ensure the successful future of GKC Foods and our team as part of a large, international group.”