SOURCE: Barry Callebaut AG

October 05, 2007 01:01 ET

Barry Callebaut acquires cocoa factory in Philadelphia

ZURICH, SWITZERLAND--(Marketwire - October 5, 2007) -


* Barry Callebaut to acquire from Food Processing International Inc. (FPI) a modern cocoa factory offering a capacity of 25,000 metric tons (55 million pounds) for cocoa liquor production per year

* Intention to double the capacity to 50,000 metric tons and to install pressing, grinding and deodorizing equipment to make cocoa butter and cocoa powder

* Base capacity utilization secured by a long-term supply agreement for cocoa products with existing FPI customers

Contacts
for investors and financial analysts       for the media:
                                           in Europe:
Daniela Altenpohl, Head of IR              Josiane Kremer,
                                           Corp.Communications
Barry Callebaut AG                         Barry Callebaut AG
Phone: +41 43 204 04 23                    Phone: +41 43 204 04 58
daniela_altenpohl@barry-callebaut.com      josiane_kremer@barry-
callebaut.com


                                           in North America:
                                           BlueCurrent PR
                                           Kyle Rose
                                           Phone: +1 973 763 1699
                                           Kyle.Rose@bluecurrentpr.com
                                           or
                                           Annette Rogers
                                           Phone: +1 214 303 6008
                                           Annette.Rogers@bluecurrentpr.com

The news release can be downloaded from the following link:

http://hugin.info/100441/R/1158113/223917.pdf



Copyright © Hugin ASA 2007. All rights reserved.

Contact Information