Barry Callebaut intends to acquire Mondelez’s Belgium chocolate production facility

Switzerland-based Barry Callebaut is planning to acquire Mondelez International’s chocolate production facility in Halle, Belgium.

Mondelez International would enter an agreement with Barry Callebaut for the long-term supply of 30,000t of liquid chocolate a year.

Under a toll-manufacturing agreement, Barry Callebaut would make certain products for Mondelez, which are produced at the Halle plant.

Barry Callebaut CEO Antoine de Saint-Affrique said: “This is an excellent opportunity for Barry Callebaut to strengthen our global strategic supply partnership with Mondelez 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.”

Upon completion of the deal, Barry Callebaut would be better equipped to capture business opportunities in the growing segment of 'Made in Belgium' specialty chocolate and fillings.

The transaction is expected to close by the end of December, after completing works council consultation. Financial details have not been divulged by either company.

On the other hand, Mondelez International plans to build a global research, development and quality (RDQ) network with a $65m investment.

The investment will bolster American confectioners plan to better recruit, retain and develop talent across a range of science and technical disciplines, while also creating a stronger presence in both emerging and developed markets.