Barry Callebaut closes on KLK Cocoa purchase

by Eric Schroeder
Share This:

ZURICH, SWITZERLAND — Barry Callebaut announced it has closed on its acquisition of a 60% stake in KLK Cocoa in Malaysia from Kuala Lumpur Kepong Berhad following approval of the Ministry of International Trade & Industry of Malaysia.

KLK Cocoa will now change its name to Barry Callebaut Malaysia Sdn Bhd.

According to Barry Callebaut, the acquisition gives it "a strong basis to further expand its footprint in Asia-Pacific, a region offering significant growth potential."

KLK Cocoa is involved in cocoa processing and the manufacture of chocolate. The company’s customer base includes multinational food manufacturers and food specialists in Malaysia, Japan, India, the European Union and Australia. The company has annual capacity of 70,000 tonnes for cocoa products comprising cocoa liquor, cocoa powder and cocoa butter and of 10,000 tonnes for the chocolate and compound.

Comment on this Article
We welcome your thoughtful comments. Please comply with our Community rules.








The views expressed in the comments section of Food Business News do not reflect those of Food Business News or its parent company, Sosland Publishing Co., Kansas City, Mo. Concern regarding a specific comment may be registered with the Editor by clicking the Report Abuse link.