3 December 2010 – Barry Callebaut is still seeking to sell its German chocolate producer Stollwerck but is in no hurry to dispose of the unit, Callebaut owner Andreas Jacobs has been quoted in German newspaper Handelsblatt.

The company had previously indicated a sale of Stollwerck could be possible in 2010.

Jacobs notes that he is “seeking a buyer which will bring the company forward. But we are not in a hurry. We want to dispose of the business because we are present in the consumer sector in only one country and that is not enough. We also want to be an outsourcing partner for the large brands and so cannot at the same time compete with our customers with Stollwerck.”

He concludes that the sale does not depend on price but finding the right strategic partner.