France’s Chocolaterie de Bourgogne is looking for domestic and foreign private-label contracts to diversify its business.
Chocolaterie de Bourgogne was acquired in an MBO from Barry Callebaut last year. Its core business since the deal has been to supply Barry Callebaut with liquid chocolate for five years.
However, it has signed an agreement with a retailer worth EUR6m (US$7.7m) annually, although it declined to disclose the identity of the customer.
Chocolaterie de Bourgogne has also concluded an agreement with a leading, unidentified chocolate brand worth EUR3m a year.
The chocolate maker is also planning to create its own brand, which could be available in supermarkets this autumn and pitched at the high end of the
Chocolaterie de Bourgogne is investing EUR15m over three years in modernising production lines.
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The company expects to post a 2013 turnover of EUR70m, increasing that to EUR120m over the next four years.