M&A Deal Summary

Barry Callebaut Acquires GKC Foods Pty

On May 27, 2020, Barry Callebaut acquired food company GKC Foods Pty

Acquisition Highlights
  • This is Barry Callebaut’s 3rd transaction in the Food sector.
  • This is Barry Callebaut’s 1st transaction in Australia.

M&A Deal Summary

Date 2020-05-27
Target GKC Foods Pty
Sector Food
Buyer(s) Barry Callebaut
Deal Type Add-on Acquisition

Target

GKC Foods Pty

Campbellfield, Australia
GKC Foods is a privately owned Australian company specializing in the manufacture of high-quality chocolate and chocolate related products. The company is located in Melbourne, Australia, and has been manufacturing chocolate and confectionery products since the 1980s. GKC Foods is committed to high product quality and food safety standards and specializes in private label and contract manufacturing. GKC’s manufacturing facilities are BRC approved with original HACCP certification being achieved in 2000.

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Buyer(S) 1

Buyer

Barry Callebaut

Zurich, Switzerland

Category Company
Founded 1996
Sector Food
Employees13,418
Revenue 10.4B CHF (2024)
DESCRIPTION

Barry Callebaut is a manufacturer of high-quality chocolate and cocoa products – from the origination and processing of cocoa beans to producing the finest chocolates, including chocolate fillings, decorations, and compounds. The Group serves the entire food industry, from industrial food manufacturers to artisanal and professional users of chocolate, such as chocolatiers, pastry chefs, bakers, hotels, restaurants or caterers. The two global brands catering to the specific needs of these Gourmet customers are Callebaut and Cacao Barry. Barry Callebaut was founded in 1996 and is based in Zurich, Switzerland.


DEAL STATS #
Overall 3 of 3
Sector: Food M&A 3 of 3
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Australia M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-20 D Orsogna Dolciaria s.r.l.

San Vito, Italy

D'Orsogna Dolciaria s.r.l. is a manufacturer and distributor of amaretti, meringues, cookies, glazings for decorating ice cream, yogurts, snacks and chocolates. D'Orsogna Dolciaria s.r.l. was founded in 1957 and is based in San Vito, Italy.

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