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Petra Foods Filed a Notice of Arbitration with Singapore International Arbitration Centre
Dec 19, 2013Singapore-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
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Barry Callebaut Unveils a New Cocoa Processing Facility in Makassar
Sep 5, 2013Barry Callebaut has unveiled a new cocoa processing facility in Makassar, Indonesia through its joint venture (JV) with Comextra Majora, following an investment of $33m. The swiss cocoa and chocolate products manufacturer entered into the ...
Tags: Cocoa Facility, Barry Callebaut
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Barry Callebaut Completed The Acquisition of The Cocoa Ingredients Business
Jul 3, 2013Swiss 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
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Ec Approved The Proposed Acquisition of The Cocoa Ingredients Division of Petra Foods
Jun 13, 2013The 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
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Barry Callebaut Reported That Its Net Profit for The First Half of 2012-13 Declined 7.4%
Apr 9, 2013Swiss 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
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Volatility in Global Commodity Markets Remained a Significant Factor for The Food Industry
Dec 21, 2012Volatility 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 ...
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The Top Two Stories on Just-Food's Pages This Week
Dec 18, 2012The 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
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Barry Callebaut to Acquire The Cocoa Ingredients From Petra Foods for $950m
Dec 14, 2012Swiss 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 ...
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Barry Callebaut Said Today It Had Become The World's Largest Cocoa Processor
Dec 13, 2012Barry 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
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Barry Callebaut Is to Become The Globe's Largest Cocoa Processor
Dec 13, 2012Chocolate 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
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Petra Foods Has Booked an Increase in Half-Year Profits Despite Lower Sales
Dec 10, 2012Singapore-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 ...
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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