Barry Callebaut closes acquisition of FPI cocoa factory in Philadelphia
Zurich, Switzerland, December 17, 2007 – Barry Callebaut, the world’s leading manufacturer of high-quality cocoa and chocolate products, announced today the closing of its acquisition of
100% of Food Processing International, Inc (FPI) in the United States, as announced in October 2007; the acquisition includes the takeover of FPI’s factory in Eddystone near Philadelphia with a
capacity for cocoa liquor production of 25,000 metric tons per year.
Barry Callebaut intends to increase the production capacity of the factory to 50,000 metric tons (110 million pounds) within the next 2 to 3 years to meet its own growing needs for
semi-finished products as well as to supply third-party customers. The capacity expansion will include pressing, grinding and deodorizing equipment to make cocoa butter, cocoa powder and cocoa
liquor. The cocoa processing factory in Eddystone will allow Barry Callebaut to further optimize its factory network and supply chain in North America.