Barry Callebaut to acquire American Almond Products’ assets
The Barry Callebaut Group, Zurich, has signed an agreement to acquire the customer portfolio, brands, recipes and manufacturing equipment from nut products manufacturer American Almond Products Co. Inc., Brooklyn, NY.
American Almond is known in the U.S. for its artisanal, nut-based ingredients, which are used by professional customers in the chocolate confectionery, pastry, bakery, ice cream and beverages markets. American Almond manufactures about 2,000 tonnes of nut specialties a year and generated sales revenue of approximately CHF 14.8 million ($15.9 million) in 2014.