Acquisition for Barry Callebaut
Barry Callebaut has announced that it has successfully closed the acquisition of the commercial beverages vending activities of FrieslandCampina Kievit – a beverage and food ingredients company based in the Netherlands.
Andrew Fleming, vice president Barry Callebaut beverages, notes, “Barry Callebaut is pleased to close this agreement with FrieslandCampina and establish the leading cocoa beverage business. Barry Callebaut complements its capabilities to increase support for its customers and drive category innovation.”
The parties have agreed not to disclose any financial details of the transaction.