Cloetta

Cloetta AB
Public Aktiebolag
Traded as OMX: CLA B
Industry Confectionery
Founded 1862
Headquarters Kista, Sweden
Area served
 Europe
Key people
 David Nuutinen (President and CEO), Caroline Sundewall (Chairman)
Products Confectionery, Nuts
Revenue SEK 5.313 billion (2014)[1]
SEK 0.418 billion (2014)[1]
Profit SEK 0.242 billion (2014)[1]
Total assets SEK 9.96 billion (2014)[1]
Total equity SEK 4.05 billion (2014)[1]
Number of employees
 2,533 (December 2014)[1]
Website www.cloetta.com

Cloetta is a Swedish confectionery and nuts company created in 1862. The major markets for Cloetta are Finland, Sweden, Norway, Denmark, Italy and the Netherlands. The company is listed on the Stockholm stock exchange.

History

Cloetta was established in 1862 in Copenhagen by the three Swiss brothers Bernhard, Christopher and Nutin Cloetta. Sales expanded, and in 1873 a factory was built in Malmö. This factory was moved in 1901 to Ljungsbro. The Cloetta family sold the business in 1917 to the Swedish Chocolate Factory AB with Svenfelt family as majority owner. In 2012 Cloetta merged with the much larger Leaf International of the U.S., becoming the largest confectionery company in the Nordic countries. The Svenfelt family still is the largest shareholder via the trust Malfors Promotor.

The factory in Ljungsbro

The factory in Ljungsbro was built 1901 by the three Swiss brothers. Today it has 285 employees, with the capacity to produce chocolate, wafer, and coated products. They have 12 product lines, 3 for packing, and a big chocolate hall. The factory can produce 22,000 tons each year.[2]


Brands of candy

This is a list of some of the brands owned by Cloetta. It is not complete.

Market shares and competitors

Cloetta market shares:

Sweden, 28%, Finland, 25%, Norway, 25%, The Netherlands, 18%, Denmark, 15%, Italy, 13%

Main competitors:

Mondelez, Haribo, Fazer, Nidar and Perfetti

References

  1. 1 2 3 4 5 6 "Annual Report 2014" (PDF). Cloetta. Retrieved 12 March 2015.
  2. ↑ Cloetta

External links


This article is issued from Wikipedia - version of the Sunday, April 17, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.