Cloetta

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]

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Quick Facts Company type, Traded as ...

Cloetta AB

Company type	Public
Traded as	Nasdaq Stockholm: CLA B
Industry	Confectionery
Founded	1862; 163 years ago (1862) in Copenhagen, Denmark^[1]^[2]^[3]
Founder	Bernard, Christopher and Nutin Cloëtta
Headquarters	Sundbyberg, Stockholm County , Sweden
Area served	Europe
Key people	Katarina Tell (President and CEO), Morten Falkenberg (Chairman)
Products	Confectionery, Nuts
Revenue	SEK 8.3 billion (2023)^[4]
Operating income	SEK 735 million (2021)^[4]
Net income	SEK 437 million (2023)^[4]
Total assets	SEK 10.68 billion (2023)^[4]
Total equity	SEK 5.1 billion (2023)^[4]
Number of employees	2,600 (December 2023)
Website	www.cloetta.com

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]

After several years of legal disputes between Cloetta Fazer's two major owners, the Svenfelt-Trotzig family company Malfors Promotor and the Finnish family-owned Karl Fazer, it was announced in June 2008 that Cloetta Fazer would be split up. Cloetta became an independent company again in late 2008 and was listed on the Stockholm Stock Exchange on 8 December 2008. In December 2011, it was announced that Cloetta and Leaf would merge into one company.^[8]

History

Current

References

External links

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