Wednesday, March 11, 2009

Sweet Deals Are Being Done Globally

Hershey Co. agreed to buy Barry Callebaut AG's Van Houten consumer chocolate business in Asia (Singapore), an acquisition that would give the U.S. candy maker a greater presence overseas as its seeks to diversify its mainly domestic operations. Barry Callebaut is considered the world's leading manufacturer of high-quality cocoa and chocolate products
The deal with Barry Callebaut may also signal a willingness by Hershey to continue to grow abroad via similar pacts
Read more here. Barry Callebaut news release here.

No comments: