Under the terms of the agreement, Barry Callebaut will provide Arcor-Dos en Uno with its requirements for outsourced liquid compound and chocolate products. Arcor-Dos en Uno manufactures products for the domestic Chilean market and exports to the Andean region (Peru, Ecuador, Colombia, Uruguay and Paraguay).
The parties agreed not to disclose any further terms of the agreement.
As a result of the agreement, Barry Callebaut will invest $14m for the construction of a new facility in Santiago de Chile (Chile).
The facility will be opened in early 2014 and deliveries to Arcor Chile will start immediately thereafter.
Source: Barry Callebaut
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