Barry Callebaut Concludes Purchase Of Cocoa Ingredients Provider

Cocoa and chocolate products company Barry Callebaut announced it has finalized the acquisition of the cocoa ingredients division of Petra Foods, a Singapore-based company. The acquisition makes Barry Callebaut a fully integrated manufacturer of chocolate products. The acquisition of Petra’s cocoa ingredients unit broadens the company’s offerings to industrial chocolate, outsourcing and gourmet customers, expands its sales volume in emerging markets, and adds cocoa processing and powder blending expertise as well as “a deep understanding of Asian and Latin American markets”.