Cloetta

Cloetta AB
Public Aktiebolag
Traded as Nasdaq Stockholm: CLA B
Industry Confectionery
Founded 1862
Headquarters Kista, Stockholm, Sweden
Area served
 Europe
Key people
 David Nuutinen (President and CEO), Lilian Fossum Biner (Chairman)
Products Confectionery, Nuts
Revenue SEK 5.674 billion (2015)[1]
SEK 0.493 billion (2015)[1]
Profit SEK 0.386 billion (2015)[1]
Total assets SEK 9.75 billion (2015)[1]
Total equity SEK 4.34 billion (2015)[1]
Number of employees
 2,583 (December 2015)[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.

Organisational structure

Cloetta is organised according to function and its commercial organisation is separated from the supply chain organization. Each of the six core markets (Sweden, Norway, Denmark, Finland, The Netherlands and Italy) has their own sales and marketing organization. Export is handled by a separate organisation. Business development and strategy, business control, financial administration, corporate communications and Human resources are handled by central staffs.

Factory network

Cloetta has 13 factories in six countries. The two largest factories are in Levice, Slovakia and Ljungsbro, Sweden.[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 2015" (PDF). Cloetta. Retrieved 23 May 2016.
  2. ↑ Cloetta

External links

This article is issued from Wikipedia - version of the 10/18/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.