Barry Callebaut inaugurates second factory in Mexico, significantly increasing production capacity

Barry Callebaut inaugurates second factory in Mexico, significantly increasing production capacity

ID: 274423

(Thomson Reuters ONE) -
Barry Callebaut /
Barry Callebaut inaugurates second factory in Mexico, significantly increasing
production capacity
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The issuer is solely responsible for the content of this announcement.

Reinforcing position as local market leader in industrial chocolate


* Barry Callebaut further strengthens its local presence, moving closer to
customers in the Mexico City region
* Increased annual production capacity to 65,000 tonnes with a total
investment of CHF 45 million (MXN 635 million / USD 48 million / EUR 37
million)([1]), creating more than 140 jobs
* Toluca as a strategic location to manufacture and distribute chocolate
products for the local Mexican market as well as other markets in Central
America

Zurich, Switzerland / Toluca de Lerdo, Estado de Mexico, Mexico - June 28, 2013
- Barry Callebaut AG, the world's leading manufacturer of high-quality cocoa and
chocolate products, today officially inaugurated its expanded state-of-the art
chocolate factory located in Toluca, 65 km southwest from Mexico City.

As announced in June 2011, Barry Callebaut acquired the industrial chocolate and
compound production facility in Toluca from Chocolates Turin to further
strengthen the company's presence in fast-growing emerging markets. In January
2012, Barry Callebaut announced the expansion of the acquired factory based on
the signing of a long-term outsourcing agreement with Grupo Bimbo.

Together with its chocolate factory in Monterrey (Mexico), the extension of the
factory in Toluca marks an important cornerstone in Barry Callebaut's strategy
to expand into emerging markets that offer above-average growth opportunities.
For Barry Callebaut, it makes Mexico the fourth biggest country in terms of
liquid chocolate production capacity worldwide.





Dave Johnson, President of Barry Callebaut's Region Americas, said: "We are very
proud to further strengthen our local presence in Mexico with our state-of-the-
art factory in Toluca, next to the country's economic center. Moving closer to
our customers puts us in an even better position to continue opening up the
Mexican confectionery market. This attractive market is expected to grow
significantly over the next years."

Jesus Carlos Valencia, the General Manager of Barry Callebaut in Mexico, added:
"Today's opening of our second local factory is a strong symbol of Barry
Callebaut's commitment to the Mexican market. With the extended capacities, we
are able to reinforce our position as the local leader as well as to further
build our market share in other countries in Central America."

With an annual production capacity of around 65,000 tonnes, Toluca will be among
the largest factories within Barry Callebaut's global network, offering more
than 140 jobs. Since fiscal year 2011/12, the total amount invested in the
Toluca factory is approximately CHF 45 million (MXN 635 million / USD 48 million
/ EUR 37 million). Barry Callebaut's new factory in Toluca integrates a high
level of automation and meets the highest quality standards to guarantee maximum
food safety.

Barry Callebaut established operations in Mexico in 2009 when it opened its
first chocolate factory in Monterrey, Nuevo Leon. After four years of actively
being present in the domestic market, the company became the largest
manufacturer of chocolate on an industrial scale in Mexico, providing more than
300 jobs and manufacturing chocolate products for small to large food
manufacturers in its two local factories. Barry Callebaut operates ten
chocolate, two cocoa and one combined (cocoa and chocolate) factories in the
Americas.

***

Barry Callebaut (www.barry-callebaut.com):
With annual sales of about CHF 4.8 billion (EUR 4.0 billion / USD 5.2 billion)
in fiscal year 2011/12, Zurich-based Barry Callebaut is the world's leading
manufacturer of high-quality cocoa and chocolate - from the cocoa bean to the
finest chocolate product. Barry Callebaut operates out of 30 countries, runs
more than 45 production facilities and employs a diverse and dedicated workforce
of about 6,000 people. Barry Callebaut serves the entire food industry focusing
on industrial food manufacturers, artisans and professional users of chocolate
(such as chocolatiers, pastry chefs or bakers), the latter with its two global
brands Callebaut(®) and Cacao Barry(®). Barry Callebaut is the global leader in
cocoa and chocolate innovations and provides a comprehensive range of services
in the fields of product development, processing, training and marketing. Cost
leadership is another important reason why global as well as local food
manufacturers work together with Barry Callebaut. Through its Cocoa Horizons
initiative and research activities, the company engages with farmers, farmer
organizations and other partners to help ensure future supplies of cocoa and
improve farmer livelihoods.

***


Contacts

For the media in Mexico:

René Chávez

Media Relations

Barry Callebaut México

Phone: + 55 28 71 29 08

rene_chavez(at)barry-callebaut.com



For the media outside Mexico: For investors and financial analysts:

Raphael Wermuth Evelyn Nassar

Head of Media Relations Head of Investor Relations

Barry Callebaut AG Barry Callebaut AG

Phone: +41 43 204 04 58 Phone: +41 43 204 04 23

raphael_wermuth(at)barry-callebaut.com evelyn_nassar(at)barry-callebaut.com



[1] See also previous announcement of June 27, 2011: "Barry Callebaut signs new
outsourcing agreement in Latin America" and of January 17, 2012: "Signing of new
supply agreement in Latin America: Barry Callebaut to become long-term supplier
of Grupo Bimbo."

Pictures of the event will be available soon under this link: www.barry-
callebaut.com/51?release=10554

The complete news release is available under the following link:

Photo 4: Factory Mexico:
http://hugin.info/100441/R/1712884/568474.jpg

Photo 2: Factory Mexico:
http://hugin.info/100441/R/1712884/568472.jpg

Photo 3: Factory Mexico:
http://hugin.info/100441/R/1712884/568473.jpg

News Release (PDF):
http://hugin.info/100441/R/1712884/568470.pdf

Photo 1: Factory Mexico:
http://hugin.info/100441/R/1712884/568471.jpg



This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Barry Callebaut via Thomson Reuters ONE
[HUG#1712884]




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Bereitgestellt von Benutzer: hugin
Datum: 28.06.2013 - 17:31 Uhr
Sprache: Deutsch
News-ID 274423
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