Swiss chocolate and cocoa giant Barry Callebaut said on Friday it will buy 100 percent of Mona Lisa Food Products, a leading chocolate decorations company in the United States.

A privately owned company, Mona Lisa will be totally integrated into Barry Callebaut's North American Gourmet & Specialties Products business, the company said in a statement.

"The acquisition of Mona Lisa Food Products, Inc. is another step to broaden our knowledge and to accelerate the growth of our Gourmet & Specialties Products business," said Juergen B. Steinemann, CEO of Barry Callebaut, in the statement.

Peter Thom, president and owner of Mona Lisa Food Products, Inc., said, "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. We believe we have found that partner in Barry Callebaut."

Mona Lisa Food Products, Inc. generated sales revenue approaching nine million Swiss francs (8 million euros, $10 million) in 2011 with about 40 employees.

Thom founded the company in 1987 in Salinas, California.

The companies expect to close the deal in March and do not wish to disclose any financial details of the transaction.