Aroma AB, a nearly 100-year-old company based in Stockholm, acquired Dals Konfektyr, which makes chocolate, toffees and jellies, for an undisclosed amount.
Swedish confectioner Cloetta will discontinue its Candyking business in Poland in 2018 as it does not see profit growth in the market, says CEO and president Henri de Sauvage-Nolting.
Swedish-based confectioner Cloetta has improved its third quarter sales compared to the same period last year as most Scandinavian confectionery markets as well as Italy registered growth.
Chocolate still rules the roost in Sweden, but two improbable sub-segments are set to help the sugar confectionery category grow faster in the next five years, according to market analysts Canadean.
Norwegian consumer goods firm Orkla has announced plans to reorganize its confectionery and snacks business and has appointed the former head of Arla Foods in Sweden to lead the division.
Barry Callebaut has acquired Sweden’s ASM Foods from Carletti and has taken over additional operations from Carletti in Demark to up its production capacity in Scandinavia.
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Sweden’s leading confectioner Cloetta has posted falling profits in the third quarter (Q3) as it struggled in several EU markets and was hit by higher raw material prices and restructuring costs from its Leaf merger.
Swedish confectioner Cloetta has suffered a loss in its fourth quarter results as its merger with Dutch firm Leaf International gets regulatory approval.
Swedish confectioners Cloetta and Leaf have sealed a €753m merger making it the largest confectionery company in Scandinavia, according to an analyst from Euromonitor.
Nordic confectioner Cloetta has seen a slight improvement in profits compared to the same quarter last year driven by travel trade sales in Sweden, Norway and Finland.
Ongoing high prices for raw materials including cocoa, milk powder, sugar and wheat and a decline in contract manufacturing sees Swedish confectionery group Cloetta reporting second-quarter sales loss and falling first-half earnings.
Newly de-merged Finnish confectionery company Fazer Konfektyr has announced plans to expand into Sweden while underlining its environmentally friendly credentials.
A new integrated, aseptic carton packaging line offers processors reduced costs, as well as increased equipment reliability and capacity, claims manufacturer Tetra Pak.
Nordic confectioner Cloetta Fazer has changed the wrapping on its
liquorice, following criticism that the caricature of a black
person perpetuates a negative racial stereotype.
A new one-step-opening cap for both dairy and beverage cartons can
offer greater convenience benefits for processors and consumers
alike, according to the manufacturer.
Sweden-based confectionery firm Cloetta Fazer today announced it is
investing SEK 270m (€29m) in two new chocolate manufacturing lines,
as part of a drive to boost its market share in the Nordic region.
The manufacturer of a curd-making vat for cheese claims its latest
innovation can improve output, while reducing the
maintenance required during production.
Leading carton maker Tetra Pak will double capacity at its Beijing
factory, it said yesterday, allowing it to meet the expected
ongoing growth in China's dairy sector.
Tetra Pak has started the worldwide rollout of a stronger but
thinner polymer packaging for liquid products, promising companies
it will help them cut costs and meet recycling standards.
Cloetta Fazer, Scandinavia's biggest confectionery company, has
revealed growth in the Nordic region despite decreased earnings due
to increasing price pressures.
Kraft Foods is to re-brand Dime bars in the UK in a long awaited
move to standardize the name of the popular crunchy milk chocolate
bars throughout Europe.
Dutch bakery ingredients firm CSM continues to focus on core
business, clearing the sale of its sugar confectionery unit Malaco
Leaf to investment companies Nordic Capital and CVC Capital
Partners.
Scandinavian confectioner Cloetta Fazer remains optimistic that it
can turnaround flagging Polish sales, despite posting disappointing
2004 operating profits, Tom Armitage reports.
The Nordic region's biggest confectionery producer Cloetta Fazer
has appointed a new distributor for its operations in Norway in a
bid to strengthen its position in that market.
The world's number one caramel colour supplier DD Williamson is
driving deeper into the Nordic countries, signing a deal with
Swedish food distibutor Norfoods to build growth in the
increasingly mature caramel colour market.
Lithuanian flour and pasta manufacturer Malsena is aiming to
further develop its position as a multi-functional manufacturer
with plans to make a huge investment in the production of
value-added ingredients for the bakery sector.
Danish ingredients giant will shut down beverage flavour operations
in Sweden as tough competition bites and business is impacted by
growing consumer demand for health positioned drinks, reports
Lindsey Partos.
Cloetta Fazer Group, the Stockholm-listed Swedish-Finnish
confectionery group, says it is planning to tap into the huge
potential of the Poland market. According to CEO Karsten Slotte,
the company is set to play a role in the consolidation...
A new study conducted by the FDA says that acrylamide found in
fried and baked goods is unlikely to cause reproduction problems if
the general public consume it as part of the average daily diet -
but research is ongoing for its carcinogenic...
Following its takeover last year, leading Baltic State biscuit
maker Kalev Johvi Tootmine is to stop making its Maiasmokk brand of
biscuits because of excess market competition.
Cloetta Fazer has reported signing a new long-term distribution
agreement with Brynild Salg for the continued sale of Cloetta
Fazer's products in Norway and the Nordic region as a whole.
European research into the potential carcinogen acrylamide has
received a massive injection of cash to boost the biggest
international project to date on toxic substances formed when food
is heated.
Tough economic conditions have taken their toll on Scandinavian
confectionery group Cloetta Fazer. A contraction in the Swedish
market has resulted in a drop in profit for the third quarter of
2003, which the company has attributed...
Arca Systems has won a long-term contract with Valio, the biggest
dairy in Finland, to supply new combination crates for dairy
products at a value of €2.2 million over a five year period.
The company's increasing emphasis on the Polish confectionery
market meant that Sweden's Cloetta Fazer fell foul of adverse
exchange rates in the first half of 2003.
National Starch has appointed Biomin to distribute its nutrition
products in Scandinavia. The exclusive agreement includes the
supply of Hi-maize and Novelose, plus forthcoming new product
developments in Denmark, Finland, Norway...
A good third quarter sales performance in Finland helped Nordic
confectionery group Cloetta Fazer to a 33 per cent increase in
pre-tax profits for the period.
