Barry Callebaut and Morinaga, a confectionery company in Japan, has signed an agreement to extend their partnership signed early 2008.
Both parties agreed on a new, 10-year supply agreement for up to 16,000 tonnes of chocolate and compound products a year.
For this, Morinaga and Barry Callebaut will also intensify their cooperation in the field of Research & Development (R&D) and jointly develop new products.
As part of the agreement, Barry Callebaut's current factory in Amagasaki near Osaka, will stop operation in mid-2013.
The company will relocate the operation and increase the production capacity in a newly built chocolate and compound factory in Takasaki, around 100km north of Tokyo, where Morinaga intends to expand its operation.
During the next 12 months, Barry Callebaut will invest a total of €15.4m.
Source: Barry Callebaut
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