ZURICH, SWITZERLAND--(Marketwire - Oct 31, 2012) -
Barry Callebaut AG /
Barry Callebaut to build chocolate factory in Turkey
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Further geographic expansion
* Building new chocolate and compound factory in Eskisehir, Central
* Production facility with an initial capacity of 15,000 tonnes to open
* Tapping the potential of a fast growing local chocolate market
Barry Callebaut, the world's leading
manufacturer of high-quality cocoa and chocolate products, announced today
building of a factory for chocolate and compounds in Eskisehir, Turkey. The
facility will serve as a basis to participate in the further growth
the Turkish chocolate market as well as to capture opportunities in the
Situated in Turkey's Central Anatolia region, the location in Eskisehir is
to existing and potential confectionery customers of Barry Callebaut. The
investment is about CHF 15 million (EUR 12 million / USD 16 million). The
factory will have an initial capacity of 15,000 tonnes and offer about 50
jobs. Barry Callebaut's new site in Turkey is scheduled to open mid-2013.
Juergen Steinemann, CEO of Barry Callebaut, said: "The building of a new
of the art chocolate factory in Turkey is another major step in tapping the
potential of a rapidly growing region. It's in line with our strategy to
expand our geographic presence to markets that offer above-average growth
opportunities. The new production facility will also help to foster our
in the region."
To further grow in the Eastern European region, Turkey is an important
for Barry Callebaut. Currently the yearly chocolate consumption is rather
with less than 2 kg per capita; but it is growing very fast at an annual
+7% per annum. There is an increasing demand for high-quality chocolate
compound products as well as for technical services and new innovations.
Barry Callebaut (www.barry-callebaut.com):
With annual sales of about CHF 4.6 billion (EUR 3.6 billion/USD 5.0
fiscal year 2010/11, Zurich-based Barry Callebaut is the world's leading
manufacturer of high-quality cocoa and chocolate - from the cocoa bean to
finished chocolate product. Barry Callebaut is present in 27 countries,
around 40 production facilities and employs a diverse and dedicated
about 6,000 people. Barry Callebaut serves the entire food industry
industrial food manufacturers, artisans and professional users of chocolate
(such as chocolatiers, pastry chefs or bakers), the latter with its two
brands Callebaut® and Cacao Barry®. Barry Callebaut is the global
cocoa and chocolate innovations and provides a comprehensive range of
in the fields of product development, processing, training and marketing.
leadership is another important reason why global as well as local food
manufacturers work together with Barry Callebaut. Through its broad range
sustainability initiatives and research activities, the company works with
farmers, farmer organizations and other partners to help ensure future
of cocoa and improve farmer livelihoods.
 Source: Euromonitor.
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Source: Barry Callebaut AG via Thomson Reuters ONE