Barry Callebaut to acquire Russian chocolate maker

ZURICH, SWITZERLAND — The Barry Callebaut Group has reached an agreement to acquire Inforum, a Russian-based maker of chocolate, coatings and fillings. Financial terms of the transaction were not disclosed.

Founded in 1989, Inforum operates a production site in Kasimov, Ryazan Oblast (about 177 miles southeast of Moscow). The company employs more than 300 people and generated sales of approximately $88 million in 2017. (Read more….)