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    Hershey, Barry Callebaut Partner Up

    Strategic alliance includes new premium chocolate, ingredient research, more.

    The Hershey Co. and Barry Callebaut, the world's largest manufacturer of high-quality cocoa, industrial chocolate and confectionery products, have created a strategic supply and innovation partnership. The alliance will enable the companies to accelerate long-term growth in the global chocolate market, the companies said in a joint statement.

    The companies will partner on a wide range of research and development activities with a focus on driving innovation in new chocolate taste experiences, premium chocolate, health and wellness, ingredient research and optimization.

    Under the agreement, Barry Callebaut will construct and operate a facility to provide chocolate for Hershey's new plant in Monterrey, Mexico. Barry Callebaut will lease a portion of Hershey's Robinson, Ill., plant and operate chocolate-making equipment at the facility. The partnership includes a long-term global agreement under which Barry Callebaut will supply Hershey with a minimum of 80,000 tonnes per year of chocolate and chocolate products.

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