Barry Callebaut and Natra terminate negotiations

Zurich / CH. (bc) Barry Callebaut AG and Natra S.A. announced that they have terminated their negotiations regarding the possible integration of Barry Callebaut´s European consumer chocolate business into Natra (see bakenet:eu on 2009-03-03: «Barry Callebaut: to sell Stollwerck to Spanish Natra»). The reason is a gap in the valuation of the two companies. Chairman Andreas Jacobs said: «Our strategic decision to exit the consumer chocolate business remains unchanged. However, we are under no time or financial pressure. We will carefully analyze all strategic options to find the best possible solution».