Zurich, Switzerland — Barry Callebaut AG has closed the purchase of GKC Foods (Australia) Pty Ltd., establishing the Swiss supplier’s direct presence and manufacturing capacity in the growing Australian market.
“We are happy to welcome the team of GKC Foods to the Barry Callebaut family,” says Ben De Schryver, president of Barry Callebaut in the Asia-Pacific region. “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.”
The deal gives Barry Callebaut the opportunity to expand its position in the industrial chocolate market and leverage its value-adding gourmet & specialties business. The supplier reports Australia and New Zealand have an average chocolate consumption of approximately five kilograms per capita, the highest per capita consumption in the Asia-Pacific region.