Mondelez Plans $77M Investment in Toblerone Factory, Switzerland
Mondelez Plans $77M Investment in Toblerone Factory, Switzerland

Mondelez Plans $77M Investment in Toblerone Factory, Switzerland

News summary

Mondelez International has announced a significant investment of approximately 65 million Swiss francs (about $77 million) in its Toblerone manufacturing facility in Bern, Switzerland, aiming to transform it into a global center of excellence for the brand. This investment will include a new state-of-the-art production line expected to be operational by autumn 2025, as well as upgrades to the chocolate and nougat making facilities and infrastructure enhancements. The move is part of Mondelez's strategy to capitalize on the growing global demand for premium chocolate, with expectations to increase Toblerone's production capacity significantly. Currently, the Bern facility produces about four million Toblerone products daily, representing around 90% of the brand's global output. Additionally, to highlight its Swiss heritage, Mondelez plans to feature the Swiss flag on Toblerone packaging. This investment marks one of the largest in the European chocolate sector for Mondelez in the past decade.

Story Coverage
Bias Distribution
100% Left
Information Sources
daae85f0-2883-42fc-b085-888140adf30d
Left 100%
Coverage Details
Total News Sources
2
Left
1
Center
0
Right
0
Unrated
1
Last Updated
9 days ago
Bias Distribution
100% Left
Related News
Daily Index

Negative

21Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage
Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Present

Gift Subscriptions

The perfect gift for understanding
news from all angles.

Related News
Recommended News