Leaf International Archives - Just Food
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Leaf International

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 Kirk, just-food M&A columnist and advisor at Glenboden, believes the company could itself be on...

On the money: Steady as she goes at Cloetta

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 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.

SWEDEN: Merger, commodity costs hit Cloetta results

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. Cloetta booked a loss of SEK241m…

SWEDEN: Confectioner Cloetta to close three plants

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. The Sweden-based confectioners…

SWEDEN: Confectioners Cloetta, Leaf complete merger

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). The new group, which will keep the name Cloetta,…

SWEDEN: Cloetta reports 41% fall in profits

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. Cloetta, which is planning to…