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Barry Callebaut signed distribution agreement with leading
agribusiness company Bunge in Brazil |
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Expanding business in South America
* Exclusive distribution agreement for products to be made in
Brazil for the food service segment across the country
* Products designed to meet the specific needs of the market
segment will be jointly developed
* Barry Callebaut will build a new chocolate factory in southeast
region of Brazil and intends to start compound and chocolate
production by end 2009
Zurich/Switzerland, April 2, 2009 - Barry Callebaut Brasil S/A,
subsidiary of the world's leading manufacturer of high-quality cocoa
and chocolate products, and Bunge Alimentos, a subsidiary of Bunge
Limited and major agribusiness company in Brazil, signed a
distribution agreement for Brazil whereby Bunge will assume the
exclusive distribution of artisanal chocolate products made by Barry
Callebaut in Brazil through the Food Service channel. Furthermore,
Barry Callebaut and Bunge will jointly develop a range of compound
and chocolate products under the Sicao (Barry Callebaut) and the
Gradina (Bunge) brand, respectively, designed to meet the specific
needs of the food service/bakery market in Brazil, leveraging on
Barry Callebaut's manufacturing expertise and Bunge's strong
distribution network in the country. Bunge also plans to offer
tailor-made services to food service customers, such as technical
advice or training courses, benefiting from Barry Callebaut's
expertise in other regions of the world.
The complete news release can be downloaded from the following link:
http://hugin.info/100441/R/1302776/298222.pdf
Contacts
for the international media:
for investors and financial
analysts:
Simone Lalive, Head of Investor Gaby Tschofen, VP Corp.
Relations Communications
Barry Callebaut AG Barry Callebaut AG
Phone: +41 43 204 04 23 Phone: +41 43 204 04 60
simone_lalive@barry-callebaut.com gaby_tschofen@barry-callebaut.com
for the media in Brazil:
Antonio Moreira, Sales Manager
Gourmet
Barry Callebaut Brasil S/A, São
Paulo
Phone: +55 11 2123 7301
antonio_moreira@barry-callebaut.com
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement. Copyright © Hugin AS 2009. All rights reserved.
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