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.[5][2][3]

Cloetta AB
TypePublic Aktiebolag
Nasdaq Stockholm: CLA B
IndustryConfectionery
Founded1862 (1862) in Copenhagen, Denmark[1][2][3]
FounderBernard, Christopher og Nutin Cloetta
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)[4]
SEK 527 million (2017)[4]
SEK -97 million (2017)[4]
Total assetsSEK 9.25 billion (2017)[4]
Total equitySEK 3.82 billion (2017)[4]
Number of employees
2459 (June 2018)
Websitewww.cloetta.com

History

In 1862 Christoph Cloëtta (1836- 1897) and his two brothers Nutin Cloëtta and Bernard Cloëtta founded Danish chocolate manufacturer Brødrene Cloëttas steam chocolate factory. In 1873 Nutin Cloëtta established a Swedish subsidiary in Malmö, Sweden and one subsidiary in 1896 in Oslo, Norway.[6][7]

Cloetta has eight factories in five countries. The two largest factories are in Levice, Slovakia, and Ljungsbro, Sweden.[8] The company is listed on the Stockholm stock exchange. In 2017, Cloetta finalized a deal to acquire pick & mix supplier Candyking, which operates in the United Kingdom and the Nordic countries.[9]

Some of the brands owned by Cloetta are Läkerol, Cloetta, Candyking, Jenkki, Kexchoklad, Malaco, Sportlife, Red Band, and Nutisal.[10]

References

  1. https://www.cloetta.se/om-cloetta/Cloetta
  2. https://www.cloetta.dk/om-cloetta/
  3. https://www.cloetta.com/en/about-cloetta//
  4. "Annual Report 2015" (PDF). Cloetta. Retrieved 23 May 2016.
  5. "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.
  6. Finn H. Lauridsen, P. Koch Jensen. "Christoph Cloëtta". Dansk Biografisk Leksikon, Gyldendal. Retrieved 1 March 2020.
  7. "Brødrene Cloetta". Oslo Byleksikon. Retrieved 1 March 2020.
  8. "Production facilities". www.cloetta.com. Retrieved 29 January 2021.
  9. Nieburg, Oliver (24 April 2017). "Cloetta sales dented by Swedish pick & mix declines in Q1". confectionerynews.com. Retrieved 2 March 2020.
  10. "Cloetta in brief". www.cloetta.com. Retrieved 29 January 2021.


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