Barry Callebaut will acquire Chocovic, a Spanish chocolate maker. "This acquisition underscores Barry Callebaut's strategic intention to further expand its core business with industrial and artisanal customers as well as its geographic presence," according to Barry Callebaut.
As Swiss chocolate company Barry Callebaut prepares to divest part of its consumer business to Spanish Natra, it is focusing on small acquisitions and outsourcing. "We will primarily grow organically going forward, but ... we might consider smaller acquisitions which complete an existing business of ours, like the acquisition of Danish vending-mix company Eurogran," Chief Financial Officer Victor Balli said.
Tic Tac mints will be repackaged in polypropylene packaging, which is more easily recycled than its previous polystyrene box. The move helps Tic Tac save 296 tons of plastic a year and cuts greenhouse-gas emissions by 44%.