Saturday September 22, 2012

Barry Callebaut Selling French Factory

Zurich, Switzerland — Barry Callebaut AG is selling its factory in Dijon, France, and the related business to its management team under the newly formed Chocolaterie de Bourgogne name.

Included in the contract is an agreement that Chocolaterie de Bourgogne, which will be owned and managed by Philippe de Jarcy, will provide 12,000 metric tons of liquid chocolate to Barry Callebaut per year for five years.

This follows the sale of Barry Callebaut's European Consumer Products business in 2011 to the Belgian Baronie Group. The plant in Dijon was the last remaining consumer factory the company owned.

Barry Callebaut CEO Juergen Steinemann says: “We are very pleased with Chocolaterie de Bourgogne as a new owner for our business in Dijon. Philippe de Jarcy and his team have a long-standing business experience in consumer chocolate products. With this transaction, we can now focus entirely on business-to-business.”