Cloetta

Cloetta is a Swedish confectionery and nuts company. The company manufactures and sells local confectionery brands on its main markets Sweden, Finland, Norway, Denmark, Netherlands, Germany and the UK. [2]

Cloetta AB
Public Aktiebolag
Traded asNasdaq Stockholm: CLA B
IndustryConfectionery
Founded1862 (1862)
FounderChristoph Cloëtta
Headquarters
Solna, Stockholm
,
Sweden
Area served
Europe
Key people
Henri de Sauvage-Nolting (President and CEO), Lilian Fossum Biner (Chairman)
ProductsConfectionery, Nuts
RevenueSEK 5.784 billion (2017)[1]
SEK 527 million (2017)[1]
SEK -97 million (2017)[1]
Total assetsSEK 9.25 billion (2017)[1]
Total equitySEK 3.82 billion (2017)[1]
Number of employees
2459 (June 2018)
Websitewww.cloetta.com

History

In 1862 Christoph Cloëtta (1836- 1897) and his brother Nutin Cloëtta founded Danish chocolate manufacturer Brødrene Cloëttas. In 1873 Nutin Cloëtta established a Swedish subsidiary, later AB Cloetta. [3][4] [5][6]

Cloetta has eight factories in five countries. The two largest factories are in Levice, Slovakia, and Ljungsbro, Sweden. The company is listed on the Stockholm stock exchange. In 2013, Capital Fud V and CVC Capital Partners sold their holdings of the shares in Cloetta, which were initially acquired in 2005.[7] In 2017, Cloetta finalized a deal to acquire pick & mix supplier Candyking, which operates in th United Kingdom and the Nordic countries.[8]

Some of the candy brands owned by Cloetta include Ahlgrens bilar, Chewits, Jenkki, Läkerol, Malaco, Tupla and Plopp. [9][10] [11]

References
  1. "Annual Report 2015" (PDF). Cloetta. Retrieved 23 May 2016.
  2. "Om Cloetta" [About Cloetta]. www.cloetta.se (in Swedish). Retrieved 28 October 2019."Om Cloetta" [About Cloetta]. www.cloetta.se (in Swedish). Retrieved 28 October 2019.
  3. "Cloetta in Sweden". made-in-scandinavian. Retrieved 1 March 2020.
  4. Finn H. Lauridsen, P. Koch Jensen. "Christoph Cloëtta". Dansk Biografisk Leksikon, Gyldendal. Retrieved 1 March 2020.
  5. "Cloetta Chocolate". asurpriseinside. Retrieved 1 March 2020.
  6. "Brødrene Cloetta". Oslo Byleksikon. Retrieved 1 March 2020.
  7. "BRIEF-Nordic Capital and CVC sell 15.6 pct stake in Cloetta". Reuters. 22 May 2013. Retrieved 2 March 2020.
  8. Nieburg, Oliver (24 April 2017). "Cloetta sales dented by Swedish pick & mix declines in Q1". confectionerynews.com. Retrieved 2 March 2020.
  9. "Ahlgrens bilar". Cloetta. Retrieved 1 March 2020.
  10. "Chewits". chewits.co. Retrieved 1 March 2020.
  11. "The history of Läkerol". Cloetta. Retrieved 1 March 2020.


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