Sector News

Barry Callebaut to acquire Mondelez chocolate facility in Belgium

September 15, 2016
Food & Drink

The Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, announced today its intention to acquire and integrate the chocolate production facility of Mondelēz International in Halle, Belgium.

Mondelēz International would enter into an agreement with Barry Callebaut for the long-term supply of 30,000 tonnes of liquid chocolate per annum. Under a toll-manufacturing agreement, Barry Callebaut would make certain consumer products for Mondelēz International that are currently produced at the chocolate plant in Halle.

As a result of this transaction, Barry Callebaut would be better equipped to capture business opportunities in the fast growing segment of specialty chocolate and fillings “Made in Belgium”.

CEO Antoine de Saint-Affrique said: “This is an excellent opportunity for Barry Callebaut to strengthen our global strategic supply partnership with Mondelēz International. As a result, we would also be able to expand our manufacturing capacity for quality Belgian chocolate needed to support the continuous growth of our business with both Food Manufacturers and Gourmet & Specialties customers. This all demonstrates our continued commitment to Belgium and reflects the excellent reputation that Belgian chocolate enjoys globally.”

The expected closing of the transaction is by the end of December 2016, after completing works council consultation. The transaction is subject to closing conditions. The two parties have agreed not to disclose any financials of the transaction.

Source: Barry Callebaut Group

Related News

September 21, 2020

Alpro announces 30m euro investment and new sustainability goals

Food & Drink

Alpro has unveiled a new five-year health and sustainability action plan, as well as plans to invest €30m in two of its production sites. The objectives laid out by the company, […]

September 18, 2020

Cargill to advance regenerative agriculture practices across 10m acres of farmland

Food & Drink

Cargill has announced that it is supporting farmer-led efforts to adopt regenerative agriculture practices on 10 million acres of crop land in North America by 2030. The initiative will focus primarily […]

September 17, 2020

PepsiCo pilots invisible digital watermark technology to boost recycling

Food & Drink

PepsiCo is trialling products encoded with invisible digital watermarks for more effective recycling. The technology is pegged as the “holy grail” that will make mechanical sorting more efficient. The beverage […]