(CercleFinance.com) – Barry Callebaut announces the official launch of the investment company FFI (Future Farming Initiative), with the ambition to ‘create a fully scalable, profitable and sustainable cocoa farming model’ for the sector.
Steven Retzlaff, currently president of Global Cocoa, will immediately assume the executive presidency. FFI will initially be 100% owned by Barry Callebaut, but will also develop technological and R&D capabilities.
The Swiss chocolatier intends to make FFI a ‘catalyst for others to invest in agriculture and create partnerships with farmers to modernize sustainable cocoa cultivation on a large scale’.
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