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Type | Public |
---|---|
Nasdaq Stockholm: CLA B | |
Industry | Confectionery |
Founded | 1862[1] [2] [3] | in Copenhagen, Denmark
Founder | Bernard, Christopher and Nutin Cloëtta |
Headquarters | , Sweden |
Area served | Europe |
Key people | Henri de Sauvage-Nolting (President and CEO), Mikael Norman (Chairman) |
Products | Confectionery, Nuts |
Revenue | SEK 5.784 billion (2017) [4] |
SEK 527 million (2017) [4] | |
SEK -97 million (2017) [4] | |
Total assets | SEK 9.25 billion (2017) [4] |
Total equity | SEK 3.82 billion (2017) [4] |
Number of employees | 2,600 (January 2022) |
Website | www.cloetta.com |
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]
The company has 8 factories in five countries, and the head office is in Solna.
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]
After several years of legal disputes between Cloetta Fazer's two major owners, the Svenfelt-Trotzig family company Malfors Promotor and the Finnish family-owned Karl Fazer, it was announced in June 2008 that Cloetta Fazer would be split up. Cloetta became an independent company again in late 2008 and was listed on the Stockholm Stock Exchange on 8 December 2008. In December 2011, it was announced that Cloetta and Leaf would merge into one company. [8]
Cloetta has seven factories in five countries. The two largest factories are in Levice, Slovakia, and Ljungsbro, Sweden. [9] The company is listed on the Stockholm stock exchange. In 2016, Cloetta finalized a deal to acquire pick & mix supplier Candyking, which operates in the United Kingdom and the Nordic countries. [10] In 2017, Cloetta bought the bulk candy company Candyking. [11]
Some of the brands owned by Cloetta are Läkerol, Cloetta, Candyking, Jenkki, Kexchoklad, Malaco, Sportlife and Red Band. [12]
Telenor ASA is a Norwegian majority state-owned multinational telecommunications company headquartered at Fornebu in Bærum, close to Oslo. It is one of the world's largest mobile telecommunications companies with operations worldwide, but focused in Scandinavia and Asia. It has extensive broadband and TV distribution operations in four Nordic countries, and a 10-year-old research and business line for machine-to-machine technology. Telenor owns networks in 8 countries.
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Fazer is one of the largest corporations in the Finnish food industry. The company was founded by Karl Fazer in 1891, as a "French-Russian confectionery" in central Helsinki. Today, it employs over 6,000 people across Finland, Sweden, Latvia, Lithuania, Estonia, Denmark, Norway and Poland. Its products are exported to more than 40 countries.
Orkla ASA is a Norwegian conglomerate operating in the Nordic region, Eastern Europe, Asia and the US. At present, Orkla operates in the branded consumer goods, aluminium solutions and financial investment sectors. Orkla ASA is listed on the Oslo Stock Exchange and its head office is in Oslo, Norway. As of 31 December 2021, Orkla had 21,423 employees. The Group's turnover in 2021 totalled NOK 50.4 billion.
Freia is a Norwegian chocolate brand. The brand is known for Freia Melkesjokolade and Kvikk Lunsj, as well as for other candy and dessert products. The company was acquired by Mondelez International in 1993.
Karl Otto Fazer was a Finnish chocolatier and sport shooter.
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Leaf International BV was a confectionery company founded in the 1940s. Leaf had sales of approximately €527m (2010) and 2,400 employees. It had 11 factories in seven countries. Leaf was owned by CVC Capital Partners, Nordic Capital, and management. Bengt Baron was the CEO of Leaf.
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Coop Norge is a Norwegian cooperative. It is owned by 117 local cooperatives with approximately 2 million members. The company has its headquarters in Oslo.
Malaco is a Swedish brand of confectionery products owned by Cloetta. Their products are sold in Sweden, Norway, Denmark, Finland, the US, Israel and the Netherlands among others. Products include Brio, Fruxo, Pim Pim, Swedish Fish, Djungelvrål, Gott & Blandat, and Malaco Crazy Face.
Twist is a bite-sized confectionery produced by Freia, primarily for the Scandinavian market. Twist is sold in bags, and each bag contains a variety of pieces, mostly consisting of chocolates with some sort of filling in the center. New pieces are added and old ones discontinued frequently. Only two pieces, Lakris (licorice) and Cocos, have existed since the product was launched. The name Twist refers to the way each piece is wrapped.
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