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Montreaux Chocolate USA

Are Americans Ready for Healthy Dark


Chocolate?

Case Study by : HBS


John A. Quelch Date: 04-08-13
Diane Badame
Apollo Foods
 It’s a Los Angeles, California based global consumer
packaged goods company.
 Portfolio of brands include : confectionary items,
biscuits, snacks, beverages, cheese and convenient
meals.
 Distribution network in 170 countries.
 CFG is Apollo’s one of the four operating divisions.
 In 2011, company’s recorded annual revenue of
$54.4 billion and net income of $3.5 billion.
Case Brief…
 Apollo was seeking a new market for chocolate
products to grow its confectionary share.
 CFG arm of Apollo foods acquired exclusive rights
to distribute Montreaux’s European Chocolate
products in the US.
 The New Product Development team of Apollo did
the market research to provide a definitive launch
strategy and timeline.
Company Targets…

 National distribution of the new Montreaux


product line.

 $115 million in annual sales.

 To be in top 25 in revenue by achieving 0.60%


market share.

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