NEWS & ANALYSIS

Food Technology Magazine | Article

Sara Langen

COMPANY NEWS
Barry Callebaut plans to buy Brach’s Confections for a symbolic $1 and an agreement to assume $16 million of debt. Barry Callebaut also agreed to help Brach’s with its revamping, which is expected to cost up to $48 million over the next five years. Brach’s, based in Woodridge, Ill., is known for its butter-scotch-flavored candies and candy corn. Barry Callebaut is based in Zurich, Switzerland.

Chiquita Brands International Inc. sold its interest in Florida citrus joint venture The Pac…


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