The Barry Callebaut Group, Zürich, has signed an agree­ment to acquire the customer portfolio, brands, recipes, and manufacturing equipment from nut products manufacturer Ameri­can Almond Products Co., Inc. American Almond Products Co. produces a variety of high-quality products focusing on pro­fes­sional customers in the chocolate confectionery, pastry, ­bak­ery, ice cream and beverages markets. The company with a production facility located in Brooklyn, New York manufactures about 2,000 tonnes of nut specialties a year and generated sales revenue of approx. CHF 14.8?m (USD 15.9 m/€4.2 m) in 2014.
The transaction with American Almond underlines Barry Callebaut’s strategic intention to further grow in adjacent ingredients products. After the integration of American Almond into Barry Callebaut’s business Region Americas as of August 1, 2015, both the Group’s Gourmet and Food Manufacturers’ customers in North America will benefit from a significantly broadened specialties products portfolio.