Netherlands: Cloetta shelves manufacturing plant plans
Swedish confectionery firm Cloetta has announced it has shelved plans to build a new manufacturing plant in the Netherlands, citing “increased risk related with energy supply” and “issues with the permitting process”. In a press release, Cloetta said it had originally announced the greenfield project in 2022 but then put it on hold for reassessment last […]
Sweden: Cloetta to sell Nutisal roasted nuts brand
Cloetta, a leading northern European confectionery company, has announced a binding agreement to sell its Nutisal roasted nuts brand to Monchy Food, a Dutch producer and distributor of nuts, seeds and dried fruits, as part of its strategy to focus on its core confectionery portfolio. “The divestment is part of Cloetta’s previously communicated plan to […]
Germany: Katjes to acquire Cloetta Italy
Katjes, a German confectionery firm, has signed an agreement to acquire the Italian business of Swedish sweetmaker Cloetta for 450 million SEK ($53.4 million). Cloetta Italy employs 400 people across its four facilities in Italy and in 2016 had annual sales of 745 million SEK ($879 million). “This is a very good solution for all […]
Netherlands: Cloetta mulls Dieren factory closure
Cloetta, the Swedish confectionery firm, has announced that it is considering the closure of its Lonka factory in Dieren, Netherlands, as it looks to rationalize its production base. Cloetta cited “a highly competitive market” as factor in the proposed closure, which would see production shift to the firm’s plant in Levice, Slovakia. That site would […]
Netherlands: Cloetta acquires Lonka
Cloetta, a confectionery maker active in the Netherlands, Italy and the Nordics and with presence in more than 50 countries, has signed an agreement to acquire 100% of the Dutch firm Locawo (Lonka) for SEK 295 million ($34 million). Lonka primarily produces and sells fudge, nougat and chocolate products. Approximately 50% of sales are branded […]
Ireland: Jelly bean manufacturer Aran Candies acquired by Cloetta
Cloetta Group has announced that it has acquired the Irish confectionery company Aran Candies. Aran Candies is mostwidely known as the manufacturer of The Jelly Bean Factory brand, which produce 36 varieties of Jelly beans. Cloetta has acquired 75% of the share of the Irish company for SEK140m ($21 million) with the remaining 25% to […]