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M&A Watch - Could Cloetta be takeover target?

With a new CEO at Cloetta, the European confectioner has already faced questions about its possible acquisition targets. However, Stefan Kir...

On the money: Steady as she goes at Cloetta

As the dust settles after Cloetta's merger with Leaf, the company does face a battle eking out growth in its key markets. However, it has se...

Dean Best | 24 Aug 2012

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

Sam Webb | 19 Dec 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.

Latest News

Dean Best | 21 May 2013

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

Michelle Russell | 15 Feb 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.

Dean Best | 16 Nov 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).

Dean Best | 24 Aug 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.

Michelle Russell | 8 Mar 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.

Dean Best | 22 Feb 2012

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

Dean Best | 16 Feb 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).

Michelle Russell | 13 Feb 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.

Dean Best | 19 Dec 2011

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

Dean Best | 19 Dec 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.

Katie Smith | 19 Dec 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.

Sam Webb | 16 Dec 2011

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

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