The ordinary Annual General Meeting of Barry Callebaut AG was held on Wednesday, December 11, 2013, in Zurich-Oerlikon under the chairmanship of Andreas Jacobs, Chairman of the Board of Directors. All motions were adopted as proposed by the Board of Directors.
Annual General Meeting 2013 of Barry Callebaut AG: All motions approved by shareholders
Barry Callebaut begins production in new, relocated factory in Japan
Barry Callebaut today officially announced that it has completed the move of its Japan’s chocolate factory from Amagasaki to Takasaki, as announced in June 2012. The new and larger facility, which was officially inaugurated today, offers an initial annual production capacity of 22,000 tonnes of chocolate and compound products. The total amount invested is CHF 18.5 million (JPY 2,081 million / EUR 15.4 million / USD 19.4 million).
Barry Callebaut Sustainability Report 2012/13 highlights sustainability practices and accomplishments with focus on cocoa farming
Barry Callebaut today announced its 2012/13 Sustainability Report which details the company’s strategy in the areas of sustainable cocoa, environmental protection and employee development.
Barry Callebaut – Full-year results, fiscal year 2012/13: Significant top-line growth, profitability gained momentum
In the past fiscal year 2012/13 (ended August 31, 2013), Barry Callebaut strongly increased its sales volume by 11.4% to 1,535,662 tonnes. Excluding the recently acquired cocoa business, the Group accelerated the pace of its volume growth in the second half to +8.7% for the full year. This growth, which was considerably above the global market, was achieved in a partly challenging economic environment. All Regions and Product Groups contributed to this exceptional growth.
Update on the purchase of the cocoa business from Petra Foods
With reference to the public announcement of Petra Foods Ltd. dated October 21, 2013, Barry Callebaut states that it has submitted the completion statement in accordance with the Share Purchase Agreement (SPA) to Petra Foods. This would result in an adjustment payment from Petra Foods to Barry Callebaut in the amount of up to USD 98 million and would further reduce the total consideration of USD 860 million communicated on July 1, 2013.