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Cloetta CEO Baron was upbeat about companySWEDEN: Cloetta "on right track", says CEO

14 February 2014

Cloetta CEO Bengt Baron today (14 February) praised the confectionery group's fourth-quarter results as the company beds down after the 2012 merger with Leaf and restructuring at the enlarged business.

SWEDEN: Cloetta broadens portfolio with Nutisal buy

9 December 2013

Cloetta has struck a deal to acquire dry roasted nut maker Alrifai Nutisal as part of its strategy to broaden its snacks line-up.

SWEDEN: Cloetta profits rise on synergies

14 November 2013

Swiss confectioner Cloetta has booked an increase in operating profit during the third quarter, thanks to integration synergies and an improved outlook for the confectionery market.

SWEDEN: Cloetta returns to H1 profit

19 July 2013

Swedish confectionery group Cloetta returned to profit in the first half but said the confectionery market in Europe remained "weak" in the quarter.

SWEDEN/UK: Cloetta buys UK free-from candy firm Goody Good Stuff

21 May 2013

European confectionery group Cloetta has snapped up Goody Good Stuff, a small UK producer of natural, free-from candy.

SWEDEN: Cloetta profits surge on synergies

29 April 2013

Swedish confectionery group Cloetta has almost doubled first-quarter operating profit on the back of production synergies and pricing increases.

UK: Cloetta's Leaf launches Chewits gum range

22 February 2013

Cloetta's Leaf arm has launched a range of chewing gum in the UK under its Chewits confectionery brand.

SWEDEN: FY losses up but confectioner Cloetta claims progress

15 February 2013

European confectioner Cloetta saw its losses widen in 2012 thanks to the merger that formed the company last year but it reported improved profits in the fourth quarter.

SWEDEN: Cloetta CEO Baron claims progress in Q3

16 November 2012

A third-quarter profit meant Sweden-based confectioner Cloetta has made a "step in the right direction", its chief executive said today (16 November).

On the money: Cloetta CEO looks to shoppers to bear cost hike

24 August 2012

Consumers must take on the increase in commodity costs faced at Swedish confectionery giant Cloetta, its chief executive insisted today (24 August).

SWEDEN: Merger, commodity costs hit Cloetta results

24 August 2012

Swedish confectioner Cloetta has today (24 August) reported higher half-year losses, hit by higher commodity costs but also its merger with rival Leaf International.

Quote, unquote: just-food's week in words

24 August 2012

M&A was certainly on the agenda this week as Norwegian conglomerate Orkla announced a deal to buy local food group Rieber & Søn. In addition, Hain Celestial purchased Premier Foods plc's spreads asset, and Greencore acquired the UK own-label chilled ready meals unit of Hain. Here is a selection of quotes from this week's news.

SWEDEN: Cloetta earnings slide

16 May 2012

Swedish confectioner Cloetta has booked a drop in first-quarter profits as "soft" markets hit sales and inhibited the group's ability to pass cost increases on.

Quote, unquote: just-food's week in words

12 March 2012

Iceland Foods founder and CEO Malcolm Walker told of his "delight" at purchasing the UK frozen food retailer today (9 March) after months of talks to secure the firm.

SWEDEN: Confectioner Cloetta to close three plants

8 March 2012

Swedish confectioner Cloetta has started to streamline its operations following its merger with Leaf International, resulting in the closure of five facilities and 345 jobs being cut.

BELGIUM: Cloetta sells unit to Katjes in wake of Leaf merger

22 February 2012

Cloetta, the Sweden-based confectionery giant, has decided to sell a distribution unit in Belgium to German rival Katjes International.

SWEDEN: Confectioners Cloetta, Leaf complete merger

16 February 2012

Sweden-based confectioners Cloetta and Leaf International have completed their merger, which will create a company generating annual sales of SEK5.7bn (US$843.5m).

SWEDEN: Cloetta reports 41% fall in profits

13 February 2012

Swedish confectioner Cloetta suffered a loss in the first fourth months of its fiscal year as a result of lower sales and increased marketing expenditure.

2011 in review - M&A activity fails to meet expectations

22 December 2011

A year ago, there was consensus that M&A activity would pick up in 2011. As we look back on the last 12 months, there were some major deals but concern over the economy meant the numbers of deals fell short of expectations. Dean Best reports.

In the spotlight: Cloetta and Leaf merger lauded by analysts

19 December 2011

"This transaction makes industrial and strategic sense." So said Leaf International CEO Bengt Baron when on Friday he announced the Swedish confectioner's plans to merge with local rival Cloetta. The initial reaction from analysts is much the same. As Sam Webb reports, industry watchers believe the combined company will benefit from the increased number of markets in which it operates and a greater ability to deal with volatile commodity costs.

SWEDEN: Confectioner Cloetta reports fall in Q1 profits

19 December 2011

Swedish confectioner Cloetta, which on Friday announced plans to merge with local rival Leaf International, today reported a fall in quarterly profits.

Editor's choice: the highlights on just-food last week

19 December 2011

Industry watchers have forecast further consolidation in the confectionery sector but there has been an absence of major deals in 2011 - until today, when Scandinavian candy makers Cloetta and Leaf International announced plans to merge. Elsewhere in Europe this week, Carrefour tabled a bid to buy French franchise partner Guyenne et Gascogne. Findus Group's French operations, meanwhile, grabbed the headlines with news that private-equity owner Lion Capital ended talks to sell the business to rival buy-out house Permira. And Diamond Foods' deal to buy snacks brand Pringles looks uncertain amid news that the SEC is to investigate crop payments made at the company.

Quote, unquote: just-food's week in words

19 December 2011

This week, Swedish confectionery companies Cloetta and Leaf International revealed plans to merge. Elsewhere, Carrefour announced plans to buy its French retail franchise partner Guyenne et Gascogne and on this side of the Channel, Premier Foods sold off another division, this time in Ireland to The Boyne Valley Group.

SWEDEN: Confectioners Cloetta and Leaf to merge

16 December 2011

Swedish confectionery companies Cloetta and Leaf International today (16 December) announced plans to merge.

UPDATE: Companies criticised over palm oil

22 November 2011

Environmental charity WWF has published a report which identifies companies who it claims haven't made a commitment to sustainable palm oil.

SWEDEN: Cloetta to sell non-confectionery brands

19 October 2011

Swedish confectioner Cloetta has said it is looking to offload its non-confectionery products as it reported a fall in annual profits.

SWEDEN: Cloetta Q3 net profit up despite sales decline

23 June 2011

Cloetta saw net income double during the third quarter of 2011 despite the Swedish confectioner reporting a decline in sales over the period.

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