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 centre. 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.”
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