Swiss-based chocolate maker Barry Callebaut AG is looking for more acquisitions as it waits for approval of a $950-million deal to buy a cocoa-ingredients business. Chief executive Juergen Steinemann reports the company is pondering the purchase of gourmet chocolate makers, with some located in emerging markets.
Barry Callebaut has its own gourmet brands, but says it wants to expand its reach. "We want to add...content or regions to these brands," says Steinemann. He didn’t specify which companies Barry Callebaut is considering.