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Cloetta AB
Public
Traded as OMX: CLA B
Industry Confectionery
Founded 1862; 163 years ago (1862) in Copenhagen, Denmark
Founder Bernard, Christopher and Nutin Cloëtta
Headquarters
Sundbyberg, Stockholm County
,
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)
Operating income
SEK 527 million (2017)
SEK -97 million (2017)
Total assets SEK 9.25 billion (2017)
Total equity SEK 3.82 billion (2017)
Number of employees
2,600 (January 2022)

Cloetta is a Swedish company that makes and sells yummy sweets and nuts! They have many popular brands of candy. You can find their products in countries like Sweden, Finland, Norway, Denmark, the Netherlands, Germany, and the UK.

Cloetta has 8 factories in five different countries. Their main office is in Solna, Sweden.

The Story of Cloetta

How it Started

The company Cloetta began a long time ago, in 1862. Three brothers named Christoph, Nutin, and Bernard Cloëtta started a chocolate factory in Copenhagen, Denmark. It was called Brødrene Cloëttas steam chocolate factory.

Growing Bigger

  • In 1873, Nutin Cloëtta opened a new part of the company in Malmö, Sweden.
  • Later, in 1896, another part was opened in Oslo, Norway. This helped Cloetta sell its sweets in more places.

Changes Over Time

For a while, Cloetta joined with another company called Fazer. But in 2008, they decided to become separate companies again. Cloetta then started trading its shares on the Stockholm stock exchange. This means people could buy parts of the company.

In 2011, Cloetta joined with another candy company called Leaf. They became one big company.

New Additions

  • In 2016, Cloetta bought a company called Candyking. Candyking sells "pick & mix" candy, which is where you choose your favorite sweets from a big selection.
  • This deal helped Cloetta grow even more, especially in the UK and Nordic countries.

Where Cloetta Makes Candy

Cloetta has factories in five different countries. The two biggest factories are in Levice, Slovakia, and Ljungsbro, Sweden.

Popular Brands from Cloetta

Cloetta owns many well-known candy brands. You might know some of these:

  • Läkerol
  • Cloetta (their own brand)
  • Candyking
  • Jenkki
  • Kexchoklad
  • Malaco
  • Polly
  • Sportlife
  • Red Band
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