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Barry Callebaut to Buy a...

Barry Callebaut to Buy a 60%-Stake in KLK Cocoa in Malaysia: Successful Closing of Transaction with Kuala Lumpur Kepong Berhad

01 May 2008
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The acquisition of a stake in KLK Cocoa gives Barry Callebaut a strong basis to further expand its footprint in Asia-Pacific, a region offering significant growth potential.

01/05/08 After receiving the necessary approval of the Ministry of International Trade & Industry of Malaysia, Barry Callebaut, the world’s leading manufacturer of high-quality cocoa and chocolate products, announced the closing of its acquisition of a 60%- stake in KLK Cocoa in Malaysia from Kuala Lumpur Kepong Berhad www.klkcp.com.
 
KLK Cocoa will now change its name to Barry Callebaut Malaysia Sdn Bhd. The experienced management team of KLK Cocoa, under the leadership of BY Ng, will transfer to Barry Callebaut Malaysia.
 
The acquisition of a stake in KLK Cocoa gives Barry Callebaut a strong basis to further expand its footprint in Asia-Pacific, a region offering significant growth potential.

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