The deal with Atlantic Stark - which has been operating since 1922 and is present in Serbia and the Western Balkans - will further strengthen Barry Callebaut’s position in Southeastern Europe.
The long-term outsourcing agreement makes Barry Callebaut one of Atlantic Stark’s top-tier compound suppliers and its sole supplier of chocolate supplied from Barry Callebaut’s new factory in Novi Sad, Serbia.
Deliveries to Atlantic Stark have already commenced and part of the volume will include Cocoa Horizons cocoa, Barry Callebaut’s preferred vehicle to implement sustainability initiatives.
“This outsourcing agreement is an important step to serve the still largely captive Southeastern European markets with chocolate and compound. Thanks to Barry Callebaut’s Cocoa Horizons certification, we will also create more visibility for sustainable chocolate in Southeastern Europe, something both our customers and consumers are keenly interested in,” said Rogier van Sligter, Co-President EMEA.
The two parties have agreed not to disclose any financial details.