Barry Callebaut to acquire U.S. chocolate decorations manufacturer
In an attempt to establish a foothold for decorations products in the United States, Barry Callebaut plans to acquire an American chocolate decorations manufacturer, Henderson, N.C.-based Mona Lisa Food Products.
Mona Lisa manufactures a variety of chocolate and pastry decoration products such as cups, curls, spoons, shavings and blossoms, which are distributed all over the U.S. and also shipped worldwide. In 2011, Mona Lisa Food Products generated about $10 million in revenue.
The currently privately owned company will be integrated into Barry Callebaut’s North American Gourmet & Specialties Products business.
“Since its inception, we have run Mona Lisa as a family business,” says Peter Thom, president and owner of Mona Lisa. “The growth and success of our brand has brought us to the time where it is best to hand the company over to a partner that can continue this success.”
Mona Lisa has about 40 employees. Founded by Thom in 1987 in Salinas, Calif., the business steadily expanded and relocated in 1993 to Hendersonville, where it has a single manufacturing facility today.
The transaction is expected to close next month and both parties have agreed not to disclose any financial details.