Nestle broadens strategic links with Barry Callebaut

Nestle and Barry Callebaut have announced their intention to broaden their strategic co-operation in Europe.

The project spans three countries and includes the transfer of production facilities in Italy and France, as well as a long-term supply contract for Barry Callebaut to furnish chocolate mass to Nestle chocolate factories in Russia. The two parties expect a final agreement to be signed during the summer of 2007.
Nestle chocolate factories in Russia will receive significant amounts of chocolate mass from Barry Callebaut and Nestle proposes to transfer its chocolate factory in Dijon to Barry Callebaut. Widening the product range should reverse declining volumes and improve the competitiveness of this plant.