Zurich / CH. (bc) Barry Callebaut AG signed an agreement with Misp Holding to acquire 100 percent of the shares of its subsidiary Eurogran A/S, with immediate effect. The acquisition of Eurogran underscores Barry Callebaut´s strategic intention to further strengthen its position in the European chocolate and cappuccino vending mix business and to participate in the consolidation of this market. Eurogran, founded in 1971 in Kalundborg (DK), with annual sales of more than 28 million EUR, is a dedicated instant powder manufacturer of ingredients for the vending industry in Europe. The company produces a full range of high-quality instant products, such as hot chocolate, coffee, granulated milk, milk topping, whitener, cappuccino, tea and soup. Barry Callebaut´s Vending and Beverages division is part of the Business Unit Gourmet and Specialties. Headquartered in Sweden, it is a major player in the European chocolate and cappuccino instant powder mix business, predominantly focused on the vending industry. It has leading R+D capabilities and operates a state-of-the-art, integrated production facility in Kågeröd (SE). It is intended to integrate Eurogran into Barry Callebaut Sweden.
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