Latest Insights

Cloetta defends share in stagnant markets – 6 things to learn  1 Feb 2017

Cloetta, the Swedish snack maker, reported a loss for 2016 this morning (1 February) primarily due to an impairment charge related to its Italian business. Speaking to analysts during a conference call, however, management was upbeat on the progress it has made in strengthening profitability. Cloetta said it hopes to continue to expand its margins over the coming 12 months and revealed that it wants to grow sales – both organically and through M&A – during 2017. Here are the key takeaways from Cloetta's 2016 results.


M&A Watch - Could Cloetta be takeover target? 26 May 2015

With a new CEO at Cloetta, the European confectioner has already faced questions about its possible acquisition targets. However, Stefan Kirk, just-food M&A columnist and advisor at Glenboden, believes the company could itself be on the radar.


On the move: What could lie ahead for new Cloetta CEO? 15 May 2015

Cloetta CEO Bengt Baron is handing the reins to the boss of its Finnish unit, David Nuutinen, after six years at the top of the European confectioner. The company has just come through what Baron called an "intense restructuring period" following the merger between Cloetta and Leaf International in 2012 and the business is seeing a steady rise in sales. But what lies ahead for Nuutinen? Hannah Abdulla reports.


The bitesize interview: Fria CEO Jeanine Holmgren 28 Aug 2014

Scandinavian free-from firm Fria entered Ireland last month, its 11th European market since it launched in 1996, another example of the growth in demand for gluten-, lactose- and dairy-free products. just-food's Hannah Abdulla caught up with Fria CEO Jeanine Holmgren about the latest trends in the sector and how innovation is a key factor to staying ahead in this sector


On the money: Steady as she goes at Cloetta 18 Jul 2014

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 set its sights on small, bolt-on deals in niche categories, rather than pushing the boat out and setting sail for growth in emerging markets.

Latest News

Orkla buys Nordic sports nutrition e-commerce firm Health and Sports Nutrition Group 21 Nov 2017

Nordic consumer goods group Orkla is to acquire Sweden's Health and Sports Nutrition Group (HSNG).


Arla merges with Swedish dairy Gefleortens 20 Oct 2017

European dairy giant Arla Foods, which counts Sweden as among its largest markets, has struck a deal that will see local co-op Gefleortens merge into the business.


Employees at confectioner Cloetta under investigation for insider trading 10 Oct 2017

Swedish confectionery business Cloetta has revealed that a number of its employees are under investigation for "insider crime".


Orkla launches "no added sugar" Risifrutti 26 Sep 2017

Nordic food group Orkla has launched a version of its Risifrutti chilled dairy pot product without added sugar.


Food For Progress eyes more avenues for meat-free brand Oumph! after UK launch 22 Sep 2017

Sweden-based meat-free business Food For Progress has launched flagship vegan brand Oumph! in the UK - and is eyeing further moves in the country and the opening of more markets in Europe next year.


Cloetta issues EBIT warning for Q3 as volumes dip on fire impact 14 Sep 2017

Swedish confectionery group Cloetta said operating profit is expected to drop by as much as 22% in the third quarter due to lower volumes, increased raw material costs and exchange-rate effects.


Orkla puts Candeco into majority-owned Orchard Valley Foods Group 12 Sep 2017

Orkla has decided to combine Swedish ingredients subsidiary Candeco Confektyr with UK business Orchard Valley Foods Group, in which the Nordic FMCG giant owns a majority stake.


Scandi Standard's profits plagued by bird-flu impact 23 Aug 2017

Scandi Standard saw its first-half profits slide despite booking higher sales as the European meat group continued to feel the impact of the bird-flu outbreak in its key markets.


Cloetta feels profit squeeze 13 Jul 2017

Confectionery group Cloetta reported mounting second-quarter losses this morning (13 July) as lower operating margins and an impairment charge related to its Italian operations hit the bottom line.


Scandi Standard books mixed results on "adverse" bird flu impact 11 May 2017

European meat group Scandi Standard said today (11 May) bird flu "adversely affected" income for the first quarter of 2017.