ZURICH--Barry Callebaut AG expands ...
ZURICH--Barry Callebaut AG expands its U neighborhood with the purchase of Brach's Confections Holding, Inc. Callebaut signed an agreement with KJ Jacobs AG to assume Brach's toil debt of $16 million for the price of $1 Brach's was a wholly admited subsidiary of KJ Jacobs, which is also a major stakeholder in Callebaut. Patrick De Maeseneire, Callebaut CEO says: "The acquisition allows us to accomplish pair strategic objectives at once. First, the substantial expansion of our activities in the U and other the creation of an attractive platform to further build our
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