Barry Callebaut signs long-term supply agreement with Burton’s Biscuit
The Barry Callebaut Group, a manufacturer of high-quality chocolate and cocoa products, has signed an agreement with Burton’s Biscuit Co., the UK’s second biggest biscuit manufacturer, for the long-term supply of more than 12,000 metric tons of chocolate and compound per year.
The Barry Callebaut Group, a manufacturer of high-quality chocolate and cocoa products, has signed an agreement with Burton’s Biscuit Co., the UK’s second biggest biscuit manufacturer, for the long-term supply of more than 12,000 metric tons of chocolate and compound per year.
At the same time, Barry Callebaut would acquire the chocolate manufacturing assets at Burton’s Biscuit’s chocolate factory in Moreton, Wirral (UK). Barry Callebaut would continue producing chocolate at the Moreton site. All employees currently engaged in the manufacture of chocolate at the Moreton facility would transfer to Barry Callebaut upon completion of the transaction.
The agreement would enable Barry Callebaut to expand its manufacturing capacity in the United Kingdom, one of Europe’s largest chocolate confectionery markets in volume terms and an important growth area for the company.
“We are delighted to strengthen the collaboration with our longstanding customer Burton’s and to further support a great British brand,” said Antoine de Saint-Affrique, CEO of the Barry Callebaut Group. “This transaction is an excellent example of the power of long-term partnerships and outsourcing. It is also a clear sign of our commitment to support the growth of our business in the UK market.”
Subject to closing conditions and regulatory approval, the transaction is expected to be complete by the end of 2018.