Swiss chocolate maker Barry Callebaut is to expand its liquid and chocolate moulding capacity in North America with the purchase of a facility in Ontario.

The confectioner said today (11 June) it has entered into an agreement to purchase the assets of a facility in Chatham in Ontario from Batory Industries Co. Financial details of the deal were not disclosed.

In addition, the company will invest CHF26.8m (US$27.9m) in the core chocolate moulding capacity at its facility in St Albans in the US state of Vermont. Together with the facility acquisition, Barry Callebaut said the expansion projects will add around 60,000 tonnes to production capacity.

Together with its facility in Illinois, the company will now operate two facilities to service customers in the Midwest of the US, it said.

The move forms part of a CHF95.9m two-year investment in the North American market for Barry Callebaut. In January, Barry Callebaut acquired gourmet products manufacturer Mona Lisa Foods and last year it signed a long-term outsourcing agreement for Mexico with Chocolates Turin, which saw the Swiss firm buy a plant from the firm.

“Through investment in our existing facilities and expansion through acquisition in North America, we have found an ideal solution to address current and future business growth,” said Barry Callebaut CEO Juergen Steinemann. “The increase of our production capacities will support the further development of our industrial business in the region while also gaining geographic advantage with our customers by adding a key Midwest facility.”

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.

Company Profile – free sample

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 GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.