17Barry Callebaut Group will supply 10,000 tons of compound chocolate per year to GarudaFood’s biscuit factory in Gresik (Province of East Java), Indonesia.
Barry Callebaut plans to increase the capacity significantly over the next three years.
The two companies signed the agreement recently, which the collaboration will begin in mid-2016.
Barry Callebaut will take over some of the manufacturing equipment from GarudaFood and set up its operations in a new factory building on the premises of the GarudaFood biscuit plant in Gresik.
The agreement also includes the close cooperation between Barry Callebaut and GarudaFood in innovation.
Through joint research and development activities, the two companies will develop new products that will support GarudaFood’s growth in Indonesia.
The parties agreed not to disclose any further terms of the agreement.