Cloetta AB is a Sweden-based company active in the chocolate and sugar confectionery market. The primary ingredient for its products is cocoa. The Company uses cocoa mass that is produced from seeds found in the fruit of cocoa trees grown along the equator. It produce and sells products within three main categories, namely Chocolate, which comprises chocolate wafers, plates, pralines and dragees; Sugar confectionery, which comprises foam, wine gums, liquorice, toffees, hard boiled candy, chewy candy, toffee/fudge/caramel and lollypops, and Refreshment, which comprises pastilles and chewing gum. The Company owns such brands, as Lakerol, Cloetta, Jenkki, Kexchoklad, Malaco, Sportlife, Saila, Red Band and Sperlari. The Company has 12 production units in six countries. In January 2014, it acquired Alrifai Nutisal AB. In May 2014, it acquired 75% of shares of Aran Candy Ltd and the brand The Jelly Bean Factory, Irish company producing and selling gourmet Jelly Beans.
Company Information
About this company
Key people
Katarina Linnea Tell
President, Chief Executive Officer
Frans Per Olof Ryden
Chief Financial Officer
Ulrika Palm
Area President Scandinavia & Travel Retail
Ville Perho
Area President Finland & East
Andre Ruikes
Area President Netherlands & West
Niklas Truedsson
Area President Growth, Consisting of UK, Germany and North America as well as the Pick & Mix Business Segment
Marcel Mensink
President Operations (COO)
Ewald Frenay
Chief Human Resources Officer
Michiel Havermans
Senior Vice President - Cloetta International
Thomas Biesterfeldt
Chief Marketing Officer
Morten Falkenberg
Independent Non-Executive Chairman of the Board
Lena Gronedal
Director, Employee Representative, LIVS
Mikael Svenfelt
Director
Patrick Bergander
Independent Director
Malin Jennerholm
Independent Director
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Key facts
- Shares in issue282.88m
- EPICCLA B
- ISINSE0002626861
- LocationSweden
- SectorConsumer/Non-Cyclical
- IndustryFood Processing
- Market capSEK 11.64bn
- Employees2,536
- ExchangeStockholm Stock Exchange
- IndexSX All Share PI Market Index
- Website
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