date:Jan 21, 2013
SM Foods.
With the acquisition of ASM Foods we strengthen our portfolio of higher-margin products such as specialty compound chocolate, fillings and inclusions, said Juergen Steinemann, CEO of Barry Callebaut. This transaction will put us in a leadership position in Scandinavia. I am also proud to welcome Carletti as our first outsourcing partner in Scandinavia.
The total cash-out as a result of the three transactions will amount to CHF 33 million (27 million/US$ 36 million). The closing of al