Barry Callebaut and Hershey Expand Supply Alliance
Barry Callebaut, the world’s leading manufacturer of cocoa and chocolate products, and The Hershey Company, the leading manufacturer of chocolate and confectionary products in North America, have agreed to a long-term increase in the volume of products supplied by Barry Callebaut, expanding the supply and innovation agreement signed in 2007. For this increase in volume, as well as other market share growth, Barry Callebaut will invest an incremental $15m in its North American sites by the end of 2011.New deliveries to Hershey will commence by the first quarter of calendar year 2012.
With annual sales of SFr5.2 billion (Eur3.6b/$4.9b) for fiscal year 2009/10, Zurich-based Barry Callebaut is present in 26 countries, operates more than 40 production facilities and employs about 7,500 people. The company serves the entire food industry, from food manufacturers to professional users of chocolate (such as chocolatiers, pastry chefs or bakers), to global retailers.
