Barry Callebaut completes acquisition of GKC Foods in Australia
The Barry Callebaut Group has announced that it has successfully closed the acquisition of GKC Foods (Australia) Pty Ltd, a producer of chocolate, coatings and fillings, that serves many consumer chocolate brands in Australia and New Zealand. The integration will start as of now.
"We are happy to welcome the team of GKC Foods to the Barry Callebaut family. The heritage and local knowledge GKC Foods has built since the 1980s, combined with the expertise, the state of the art manufacturing processes and the capabilities of an undisputed leader in chocolate and cocoa innovation will bring further excellence to the Australia and New Zealand markets. We strongly believe in the growth opportunities in these still largely captive markets," said Ben De Schryver, president, Barry Callebaut in Asia Pacific.