The Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, has signed an agreement to acquire Inforum, a leading Russian B2B producer of chocolate, coatings and fillings, serving many of the well-known consumer chocolate brands in Russia. This strategic acquisition shall strengthen Barry Callebaut’s presence and production capacity in the high-growth Russian market.

It will also allow the company to expand its market position, to leverage its value-adding gourmet & specialties business and to further increase market penetration in CIS countries and export markets. In addition, there should be a high degree of complementarity with regard to products, customers and know-how.

Inforum was founded in 1989 and started its business selling cocoa products. Sales revenue in 2017 was about EUR 77 m. The company operates a production site in Kasimov and employs more than 300 people.