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Cloetta
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Cloetta to Sell Italian Operations to Katjes
Jul 10, 2017Swedish confectionery and nuts company Cloetta has agreed to divest Cloetta Italy to Katjes International. The sale equals an Enterprise Value (EV) of approximately SEK 450m. The proceeds will generate a positive net cash effect of ...
Tags: Cloetta
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Sweden's Cloetta Agrees to Acquire Candyking
Mar 1, 2017Swedish confectionery and nuts firm Cloetta has agreed to acquire Candyking, a concept supplier of pick and mix candy in the Nordic countries and the UK. The acquisition strengthens Cloetta’s position within pick and mix and creates ...
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Cloetta Provides New Pick & Mix Concept to Swedish Confectionery Market
Jul 4, 2014Cloetta has signed a letter of intent with Coop Sweden to provide a brand new Pick & Mix concept, under which it will be responsible for product range, racks, merchandising in Coop's stores. Under the deal, Cloetta will also deliver a ...
Tags: Agriculture, Food, confectionery, confectionery market
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Irish Jelly Bean Producer Aran Candy Was Acquired by Cloetta
May 30, 2014Confectionery company Cloetta has announced the acquisition of Ireland-based Aran Candy, the owner of the Jelly Bean Factory brand, for SEK140m ($21m). Aran Candy, established in 1998, producer and seller of gourmet Jelly Beans. ...
Tags: Jelly Bean, core market
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Cloetta Has Acquired British Candy Producer Goody Good Stuff for an Undisclosed Amount
May 23, 2013Swedish confectionery firm Cloetta has acquired British candy producer Goody Good Stuff for an undisclosed amount, as part of its efforts to broaden its product range within the growing segment of natural candy. Established in 2010, Goody ...
Tags: Candy Company, Food
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Rubie's Is Expanding Halloween Kids Collection with Gruesome Editions to Fancy Dress Range
May 2, 2013This trick or treat season, Rubie’s is expanding its Halloween kids collection with gruesome new editions to its fancy dress range. The new Zomboy and Zombet costumes are designed to deliver a fright with their scary prints and ...
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Cloetta's Leaf Arm Has Launched a Range of Chewing Gum in The UK
Feb 25, 2013Cloetta's Leaf arm has launched a range of chewing gum in the UK under its Chewits confectionery brand. Chewie Gum is a hard bubble gum available in three variants: strawberry and banana, tropical and lemon. The gum range has an RRP of ...
Tags: chewing gum, Chewits confectionery brand, bubblegum products
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Cloetta Sees Its Losses Widen in 2012 Thanks to The Merger
Feb 19, 2013European confectioner Cloetta saw its losses widen in 2012 thanks to the merger that formed the company last year but it reported improved profits in the fourth quarter. In the 12 months to the end of December, the company made a net loss ...
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Cloetta Has Today (24 August) Reported Higher Half-Year Losses
Dec 11, 2012Swedish confectioner Cloetta has today (24 August) reported higher half-year losses, hit by higher commodity costs but also its merger with rival Leaf International. Cloetta booked a loss of SEK241m (US$36.5m) for the six months to the ...
Tags: Cloetta, operating profit, operating loss, sugar
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Cloetta Reports Its Net Sales Increased 2011 Q3
Nov 20, 2012Swedish confectionery firm Cloetta has reported that its cby 3.1% to SEK1.15bn ($174m) for the third quarter ended 30 September 2012, compared to SEK1.12bn ($168.8m) for the same period in 2011. The company reported net income of SEK13m ...
Tags: Cloetta, shut down, confectionery, EBITDA