Barry Callebaut has signed a deal for the supply of compound and chocolate products to Argentine confectioner Arcor-Dos en Uno in South America.
The outsourcing agreement, announced today (23 October), will involve an investment of EUR13m (US$14m) by the Swiss confectioner in the construction of a new facility in Santiago de Chile. The plant will have a capacity of 20,000 tonnes per annum.
Go deeper with GlobalData
The facility is expected be opened in early 2014 and deliveries to Arcor Chile will start immediately thereafter.
Barry Callebaut CEO Juergen Steinemann said this is the company’s “first long-term outsourcing agreement” in South America, which he said will support its business expansion in the region.
“With our new factory in Santiago de Chile, we continue to expand our manufacturing footprint in South America, in order to tap the region’s promising growth potential.”
Arcor-Dos en Uno manufactures products for the domestic Chilean market and exports to the Andean region (Peru, Ecuador, Colombia, Uruguay and Paraguay).
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataNeither parties disclosed financial terms of the agreement.
