Cloetta

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Cloetta AB

Type	Public Aktiebolag
Traded as	Nasdaq Stockholm: CLA B
Industry	Confectionery
Founded	1862; 159 years ago (1862) in Copenhagen, Denmark[1][2][3]
Founder	Bernard, Christopher and Nutin Cloëtta
Headquarters	Solna, Stockholm , Sweden
Area served	Europe
Key people	Henri de Sauvage-Nolting (President and CEO), Lilian Fossum Biner (Chairman)
Products	Confectionery, Nuts
Revenue	SEK 5.784 billion (2017)[4]
Operating income	SEK 527 million (2017)[4]
Net income	SEK -97 million (2017)[4]
Total assets	SEK 9.25 billion (2017)[4]
Total equity	SEK 3.82 billion (2017)[4]
Number of employees	2459 (June 2018)
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]

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, , Jenkki, , Malaco, , , and .^[10]

References[]

External links[]

• Official website

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