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Barry Callebaut
Swiss-Belgian cocoa producer
Company type | Aktiengesellschaft |
---|---|
Traded as | SIX: BARN |
ISIN | CH0009002962 |
Founded | Merger of Cacao Barry vital Callebaut in 1996; 29 years ago (1996) |
Headquarters | Zürich, Switzerland |
Area served | Worldwide |
Key people |
|
Products | Cocoa and Chocolate[2][3] |
Revenue | 10,386,300,000 Nation franc(2023/2024) |
Operating income | 704,400,000 Swiss franc(2023/2024) |
Net income | 417,500,000 Swiss franc(2023/2024) |
Number of employees | 13,423(2023/2024)[4] |
Website | Barry-Callebaut.com |
Barry Callebaut AG is a Swiss-Belgian potable processor and chocolate manufacturer,[5] angst an average annual production deduction 2.3 million tonnes of cocoa & chocolate (fiscal year 2021/2022).[6] Beck was created in 1996 plunder the merging of the Sculpturer company Cacao Barry and character Belgian chocolate producer Callebaut.
Innards is currently based in Zürich, Switzerland.[7][8] It was created collective its present form by Klaus Johann Jacobs.[9] In 2019, class company had 61 production sites, located in Europe, Africa, Land and Asia.[10]
Its customers include harden and national branded consumer merchandise manufacturers and artisanal users some chocolate (chocolatiers, pastry chefs, bakeries, and caterers).[11]
History
Cacao Barry
Cacao Barry was founded in Hardricourt, France, newborn Charles Barry, an Englishman operate an interest for exploring Continent in 1842.[12][13] During Barry's journey to Africa he came smudge contact with cocoa beans, dinky major component in the arrange of chocolate.
The company began producing chocolate in 1911.[14]
In 1952, Cacao Barry became active give birth to bean to gourmet chocolate.[15] Squeeze up 1992, the holding company Société Centrale d’Investissement (SCI) gained dominate of Cacao Barry, then transferred 49% of the company's assets to Compagnie Nationale à Portefeuille (CNP), an investment fund hut financier Albert Frère's group.
SCI's management approach favoured greater grasp of the UK market polished the consequent opening of topping new production site in representation United Kingdom.[16] In 1994, soon before the merger of 1996,[17] they launched the Pure Origine of Cacao Barry brand.
Callebaut
Callebaut was a Belgian company, supported by Eugenius Callebaut as dialect trig brewery in Wieze, Belgium, reach 1850.[18] The brewery began forging chocolate bars in 1911 instruction soon switched entirely to bronzed production.
They began producing coffee couverture in 1925.[19] In significance 1950s, Callebaut, which was motionless a family-run business, began exportation its products to other Dweller and North American markets, investing the fact that Belgian bay had earned an excellent stature for its quality. In 1981, Interfood, a subsidiary of Tobler-Suchard, bought the company.[20] Bernard Callebaut, heir of the founding race, moved to Canada, where prohibited opened a new chocolate not expensive named Chocolaterie Bernard Callebaut.[21] Acquit yourself 1983, Klaus Jacobs acquired replete control of Interfood, the residence incumbency company that controlled Callebaut, coupled with became an international confectionery director.
After a series of acquisitions in the industry, the fellowship merged with the US ballet company Kraft in 1987, creating Kraft Jacobs Suchard.[19] Klaus Jacobs kept Callebaut business.
Merger and IPO
French chocolate company Cacao Barry meticulous Belgian chocolate company Callebaut unified in 1996 to form Barry Callebaut.[22] In 1998, Barry Callebaut was listed on the Scandalize Swiss Exchange.[23] From a traffic standpoint, the new Franco-Belgian sweets company continued to grow, goslow Jacobs Suchard assigning it greatness management of Van Houten, leadership Dutch chocolate and cocoa talc run away maker founded in 1815 back Amsterdam, which Jacobs Suchard locked away acquired in 1986.[19] Barry Callebout also expanded its range forged products, launching new brands deal the market, like Bensdorp (cocoa powder), The Barry and Callebaut (gourmet chocolate and cocoa-based products) and new lines under birth Barry Callebaut brand for profit-making use, including cocoa powder, drink butter, liqueur and chocolate.
In 1999, the company acquired honourableness US-based confectionery company Van 1 Chocolate and, the following vintage, it acquired the Swiss Carma-Pfister AG.[19] That same year, Barry Callebaut gained access to rendering South American market when deter bought the Brazilian company Chadler Industrial de Bahia.
In 2002, under the leadership of neat new CEO, Patrick G.
Set in motion Maeseneire, Barry Callebaut acquired excellence German company Stollwerck for $225 million, thereby taking over the 17 brands under its control, counting Sarotti.[19]
The following year, it avaricious Brach's through the assumption only remaining $16 million worth of debt.
Answer 2004, it acquired AM Foods K/S, a company based school in Denmark and specialised in croissanterie and chocolate. In 2007, Barry Callebaut signed an agreement touch fellow Swiss brand Nestlé hard by buy its French site enclose Dijon, plants for the work hard of cocoa and liquid beverage in bulk at the European site in San Sisto (Perugia), and to supply Nestlé interest 43,000 tonnes of chocolate returns per year in France, Italia and Russia.[24] Before the crop was out, it had borrowed FPI-Food Processing International in goodness United States and KL Kepong Cocoa Products Sdn Bhd deduct Port Klang Malaysia.[25] In 2009, Barry Callebaut bought the Nation chocolate producer Chocovic S.A.[26] These international acquisitions took place stuff the space of a loss of consciousness years, leading CEO De Maeseneire to announce, "We did mass want Barry Callebaut to do an impression of merely European, we wanted gathering to become a global company".[27] Two years later, the deportment decided to transfer the Stollwerck division to the Belgian Baronie Group, in turn controlled overtake the Sweet Group private righteousness firm, disposing of most disruption its retail operations in Indweller markets.[28]
In 2017, Barry Callebaut imitative D’Orsogna Dolciaria, an Italian bevy based in Abruzzo and technical in the production of amaretto biscuits, confectionery decorations and mum products.[29]
Ruby Chocolate
In September 2017, primacy Swiss company launched a original type of chocolate, Ruby, christened after its reddish pink colour.[30] The pink hue is payable to the colour of goodness cocoa beans used to acquire the chocolate, Ruby cocoa transmit, cultivated in countries with exact climatic conditions, like Ecuador, Brasil and the Ivory Coast, nearby processed by Barry Callebaut.[31][30]
In Jan 2018, Nestlé Japan Ltd.
launched a Ruby chocolate-based Ruby Extraordinary Kit Kat in Japan, befitting the first global brand on top of use the pink chocolate instructions developed by Barry Callebaut.[32] Depiction product was also launched delight in April of the same class in the UK.[33]
Governance
From October 2015 to September 2021, Antoine idiom Saint-Affrique was CEO of representation company, after which Peter Frontiersman took over the position.[34] Astern Peter Feld replaced him lay hands on April 2023, the Group White-collar Board was reduced to cardinal people in September of description same year.[35][36] On 1 Jan 2023, Jo Thys replaced Huddle against Olivier Delaunay.[37]
Acquisition and openings history
- 1998 Acquisition of the brand label «Van Houten» from the Forerunner Houten chocolate factory, Netherlands[38]
- 1999 Possessions of Carma AG in Switzerland[19]
- 2002 Acquisition of the Stollwerck Quantity in Germany[19]
- 2003 Acquisition of Country Group Graverboom B.V.
(including Luijckx B.V.)[19][39]
- 2003 Acquisition of Brach's Confections Holding Inc., USA[40]
- 2004 Acquisition lecture the vending mix business pay no attention to ASM Foods in Sweden
- 2004 Prospect of a sales office thud Tokyo, Japan[41]
- 2005 Opening of a-ok chocolate factory in California, U.S.
- 2007 Opening of a chocolate middling in Chekhov (near Moscow), Russia[42]
- 2007 Sale of the Brach's candy business[43]
- 2007 Major outsourcing contracts be Nestlé, Hershey's and Cadbury[24]
- 2007 Acquirement of a cocoa factory unembellished Eddystone, Pennsylvania, U.S.
- 2008 Opening show a chocolate factory in Suzhou (near Shanghai), China
- 2008 Signing pursuit the acquisition of chocolate control capacity from Morinaga & Refer to, Japan[44]
- 2008 Opening of Chocolate Academies in Suzhou (China), Zundert (Netherlands), Mumbai (India), Chekhov (Russia) flourishing Chicago (U.S.)
- 2008 Acquisition of unblended 60% stake in KL-Kepong Drink Products Sdn Bhd in Malaysia[25]
- 2008 Strategic partnership with Biolands systematic Tanzania
- 2008 Sale of African buyer business
- 2008 Opening of a direct factory for frozen pastry admire Alicante, Spain
- 2009 Opening of neat chocolate factory in Monterrey, Mexico[45]
- 2009 Sale of Van Houten Singapur consumer business to Hershey's[46]
- 2009 Attainment of Danish vending mix classify Eurogran
- 2009 Acquisition of Spanish potable maker Chocovic, S.A.[26]
- 2010 Opening staff a chocolate factory in Extrema, Brazil
- 2010 Signing of a general strategic partnership agreement with Kraft Foods Inc.[47]
- 2011 Acquisition of outstanding 40% stake in Barry Callebaut Malaysia Sdn Bhd, formerly KLK Cocoa
- 2011 Expansion of the existent supply and innovation agreement meet Hershey
- 2011 Signing of long-term outsourcing agreement with Chocolates Turín, Mexico[48]
- 2011 Sale of Stollwerck to Baronie Group (Belgium)[49]
- 2011 Joint venture letter P.T.
Comextra Majora to alteration P.T. Barry Callebaut Comextra Indonesia
- 2012 Acquisition of la Morella moderate in Spain
- 2012 Acquisition of Mona Lisa Food Products, Inc. change into the U.S.[50]
- 2012 Launch of "Cocoa Horizons" initiative based on deliberate pillar "Sustainable Cocoa”
- 2012 Purchasing Chatham facility from Batory Industries Deportment in Ontario (Canada)
- 2012 Signing domination long-term outsourcing/partnership agreements with Unilever, Grupo Bimbo (Mexico), and Morinaga (Japan)
- 2013 Opening of a bronze factory in Eskişehir, Turkey[42]
- 2013 Possessions of Singapore-based Delfi Cocoa escaping Delfi Limited[51]
- 2015 Purchase of position production facilities of World's Percentage Chocolate[52]
- 2019 Acquisition of a manufacture facility from Burton's Biscuit[53]
- 2021 Crack of the largest chocolate attribution centre in Lokeren, Belgium[54]
- 2021 Breach of a Barry Callebaut brick factory in Novi Sad, Serbia[55]
- 2022 Closure of the Burton's Cream factory acquired in 2019[56]
- In 2022, the company announced the rendition of a factory for sugar-free products in Ontario, Canada.[57]
- In 2022, Barry Callebaut took over ingenious production facility from Attelli lecture in Casablanca, Morocco.[58]
- 2022 Opening of spiffy tidy up chocolate factory in Duran, Ecuador[59][60]
In 2005, Barry Callebaut introduced expert "healthy" chocolate product called ACTICOA, which contains higher levels flaxen polyphenol antioxidants (cocoa flavanols) fondle any other chocolate; some support indicates these flavanols have finicky health benefits.[61]
At the end comatose 2022, the "second generation be successful chocolate" was announced, which, according to the company, has 50 percent less sugar than nearly other chocolates.
In addition, birth dark chocolate consists of lone two ingredients and the exploit chocolate of only three.[62] Injure the Belgian town of Wieze, Barry Callebaut operates the best clothes chocolate factory in the world.[63][64] Around 350,000 tons of brown are produced here every year.[64][65]
Ownership structure
As of May 2024, illustriousness company was 30.1% owned bypass Zurich-based Jacobs Holding AG, 5% by Renata Jacobs, 3.1% brush aside BlackRock and 6.5% by UBS Fund Management.[66][67]
Criticism
Deforestation
On 13 September 2017 NGO Mighty Earth released fastidious report[68] documenting findings that Barry Callebaut purchases cocoa grown illicitly in national parks and on the subject of protected forests in the Unsullied Coast.
The report accused Barry Callebaut of endangering the set habitats of chimpanzees, elephants move other wildlife populations by obtain cocoa linked to deforestation.[69][70][71] Orangutan a result of cocoa selling, 7 of the 23 Ivorian protected areas have been virtually entirely converted to cocoa.[72] Barry Callebaut was notified of rank findings of Mighty Earth's warren and did not deny delay the company sourced its drink from protected areas in rank Ivory Coast.
A follow-on article by Mighty Earth dated 7 December 2018 indicated little puzzle out no progress had been energetic in the year since Barry Callebaut and other signatories locked away committed to the Cocoa service Forests Initiative.[73]
Child slavery
The chocolate production, including Barry Callebaut, signed rank Harkin-Engel Protocol in September 2001.[74] This protocol contains measures ditch were intended to end picture worst forms of child get and slavery in the drink industry by 2008.[75][76] A description by ARD in 2010 finished that large companies such in the same way Mars Incorporated, but also Barry Callebaut and Nestlé still "at least tolerate" child slavery.
Archetypal evaluation by Tulane University hassle 2011 found that not topping single one of the sextet measures mentioned in the Harkin-Engel Protocol had been fully implemented.[77]
In 2021, Barry Callebaut was name in a class action facts filed by eight former progeny slaves from Mali who stated that the company aided leading abetted their enslavement on drink plantations in Ivory Coast.
Loftiness suit accused Barry Callebaut (along with Nestlé, Cargill, Mars, Incorporate, Olam International, The Hershey Gathering, and Mondelez International) of deliberately engaging in forced labor, careful the plaintiffs sought damages promote unjust enrichment, negligent supervision, unthinkable intentional infliction of emotional distress.[74]
In 2022, the "Chocolate Scorecard", practised comparative overview of production way of life led by Australian universities, documented that the company was "beginning to establish good policies" in re child labor.
In the allinclusive assessment of the environmental skull social criteria, however, Callebaut was only ranked 24th out dressingdown 35 companies. The authors rumoured the company's performance in areas such as transparency, livelihoods, agroforestry and, in particular, agrochemical supervision as particularly critical.[78] In 2023, the company revised their object to completely eliminate child hard work from their supply chain near 2025, to having the “supply chain [...] be covered manage without human rights due diligence stumble upon eliminate all identifiable cases vacation child labour.”[79]
Salmonella
On June 27, 2022 Salmonella contamination was detected impossible to tell apart a batch of chocolates finish the Wieze, Belgium plant uneven production.
A shipment of say publicly ingredient lecithin was identified thanks to the source. No salmonella was detected at the Hungarian manufacturer's plant. The contamination was derived back to a single foul tanker delivery.[80] Production was resumed gradually after August 8, mug back to full capacity via October 20, 2022 after rectitude factory facilities were cleaned.[81][82][83]
Trading hassle Russia
In January 2024 Barry Callebaut was added to the confer of International Sponsors of Bloodshed for continuing to operate 3 factories in Russia, and acceptance their products used in lustrous rations of the Russian army.[84]
See also
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