Barry Callebaut completes acquisition of ingredients division of Gertrude Hawks Chocolates U.S.
Barry Callebaut has announced that it has successfully closed the acquisition of the ingredients division of Gertrude Hawk Chocolates in the U.S. The integration will start as of now.
Antoine de Saint-Affrique, CEO of Barry Callebaut, said: “Gertrude Hawk Ingredients adds new capabilities, technologies and skilled employees who we are happy to welcome to the Barry Callebaut family. The acquisition allows us to expand our product portfolio into new markets, and to offer an even wider range of value-adding products and services to our customers than before. Gertrude Hawk Ingredients will play a cornerstone role in our Specialty & Decorations business in the U.S. and we intend to further build on their team and their capabilities.”
The parties have agreed not to disclose any financial details of the transaction.