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Petra Foods Filed a Notice of Arbitration with Singapore International Arbitration Centre

Dec 19, 2013

Singapore-based Petra Foods has filed a notice of arbitration with the Singapore International Arbitration Centre to resolve disputes in connection with the amended and restated sale and purchase agreement (SPA) dated 30 June 2013 with ...

Tags: Petra Foods, Cocoa

Olam International Announced That Its Three Business Units,Set to Showcase Products Fie

Oct 8, 2013

Olam International, a Singapore-based food ingredients supplier, announced that its three business units - Cocoa, Spices & Vegetable Ingredients (SVI), and Edible Nuts - are set to showcase its products Food Ingredients Europe (FIE), ...

Tags: Food Ingredients, Olam International

Barry Callebaut Completed The Acquisition of The Cocoa Ingredients Business

Jul 3, 2013

Swiss cocoa and chocolate products manufacturer Barry Callebaut has completed the acquisition of the cocoa ingredients business of Singapore-based Petra Foods for $860m. This acquisition makes Barry Callebaut the world's leading cocoa and ...

Tags: Cocoa Ingredients, Food

Ec Approved The Proposed Acquisition of The Cocoa Ingredients Division of Petra Foods

Jun 13, 2013

The European Commission (EC) has approved the proposed acquisition of the Cocoa Ingredients division of Singapore-based Petra Foods by Swiss confectionery firm Barry Callebaut for $950m. The investigation conducted by the Commission ...

Tags: Ingredients Division, Food

Barry Callebaut Reported That Its Net Profit for The First Half of 2012-13 Declined 7.4%

Apr 9, 2013

Swiss cocoa and chocolate products manufacturer Barry Callebaut has reported that its net profit for the first half of 2012-13 declined 7.4cto CHF116.4m ($124.5m), compared with CHF125.7m ($134.4m) for the same period in 2011-12. The ...

Tags: Barry Callebaut, Net Profit

Volatility in Global Commodity Markets Remained a Significant Factor for The Food Industry

Dec 21, 2012

Volatility in global commodity markets remained a significant factor for the food industry during 2012. On the one hand, adverse weather conditions hit grain harvests causing prices to spike, while on the other, over-supply has meant cocoa ...

Tags: Agriculture Food, Petra Foods, Barry Callebaut

The Top Two Stories on Just-Food's Pages This Week

Dec 18, 2012

The top two stories on just-food's pages this week included Barry Callebaut's deal to buy Petra Foods' cocoa ingredients business and the European Commission's warning it will come forward with ideas for a grocery code adjudicator next ...

Tags: Barry Callebaut, Petra Foods, cocoa, grocery code adjudicator

Barry Callebaut to Acquire The Cocoa Ingredients From Petra Foods for $950m

Dec 14, 2012

Swiss chocolate products manufacturer Barry Callebaut has agreed to acquire cocoa ingredients unit of Singapore-based Petra Foods for $950m. The proposed acquisition is expected to expand Barry Callebaut's cocoa sourcing and processing ...

Tags: Barry Callebaut, cocoa ingredients unit, Petra Foods

Barry Callebaut Said Today It Had Become The World's Largest Cocoa Processor

Dec 13, 2012

Barry Callebaut said today (12 December) it had become the world's largest cocoa processor after agreeing to buy Petra Foods' cocoa ingredients business for US$950m. The Switzerland-based group, which supplies cocoa and chocolate ...

Tags: Cocoa, Food, chocolate products

Barry Callebaut Is to Become The Globe's Largest Cocoa Processor

Dec 13, 2012

Chocolate manufacturer Barry Callebaut is to become the globe’s largest cocoa processor with the acquisition of the Cocoa Ingredients Division of Petra Foods, based in Singapore for $950M. Barry Callebaut is to become the ...

Tags: Barry, cocoa processing, acquisition, Petra Foods

Petra Foods Has Booked an Increase in Half-Year Profits Despite Lower Sales

Dec 10, 2012

Singapore-based consumer and B2B chocolate and cocoa group Petra Foods has booked an increase in half-year profits despite lower sales. A strong performance from Petra Foods' consumer brands offset a fall in sales and earnings from cocoa ...

Tags: Petra Foods, chocolate and cocoa, cocoa ingredients

The Division Recorded a 57.8% Drop in Third-Quarter EBITDA

Dec 10, 2012

"Weak" global consumption of chocolate hit profits at Singapore chocolate and cocoa group Petra Foods in the third quarter. Petra said its cocoa ingredients division started the year on a "positive" note but said the industry is facing ...

Tags: Petra Foods, chocolate, Singapore chocolate, cocoa

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