Cloetta

Stockholm, Sweden Founded: 1862 • Age: 164 yrs
Confectionery products are manufactured across multiple facilities by Cloetta.
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About Cloetta

Cloetta is a company based in Stockholm (Sweden) founded in 1862.. The company has 227 employees as of December 31, 2020. Cloetta has completed 4 acquisitions, including Candyking, Goody Good Stuff and The Jelly Bean Factory. Cloetta offers products and services including Gourmet Jelly Beans. Cloetta operates in a competitive market with competitors including Cadbury, Fitnessfika, Standout Chocolate and Aztlan, among others.

  • Headquarter Stockholm, Sweden
  • Employees 227 as on 31 Dec, 2020
  • Stage Public
  • Sectors
    Consumer
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cloetta Uk Limited
Operational Areas
Consumer → Food, Beverage & Nutrition
Key Metrics
  • Annual Revenue
    $39.69 M (USD)
    22
    as on Dec 31, 2021
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    227

    as on Dec 31, 2020

  • Investments & Acquisitions
    Candyking

    & 3 more

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Products & Services of Cloetta

Cloetta offers a comprehensive portfolio of products and services, including Gourmet Jelly Beans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Flavored jelly beans offering variety for consumer enjoyment

People of Cloetta
Headcount 5000-10000
Employee Profiles 80
Board Members and Advisors 11
Employee Profiles
People
Niklas Truedsson
President Denmark, Norway & Global Pick & Mix
People
Katarina Tell
President, Cloetta Sweden
People
Regina Ekström
SVP, Human Resources
People
Frans Rydén
Chief Financial Officer

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Board Members and Advisors
people
Mikael Norman
Chairman
people
Mikael Aru
Board member
people
Mikael Ström
Employee Board Member, PTK Ledarna
people
Mikael Svenfelt
Board member

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Funding Insights of Cloetta

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Cloetta

Cloetta has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Candyking, Goody Good Stuff and The Jelly Bean Factory. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Snacks are branded and distributed by Goody Good Stuff.
2009
Various candies and gums are branded and distributed by Candyking.
1998
Gourmet jelly beans are produced and sold by the company.
1998
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Cloetta

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cloetta Comparisons

Employees
+
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Competitors of Cloetta

Cloetta operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cadbury, Fitnessfika, Standout Chocolate and Aztlan, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Confectionery products are manufactured and distributed globally by Cadbury.
domain founded_year HQ Location
Brand of chocolates, coffee and snacks products
domain founded_year HQ Location
Crafts organic chocolate from single-origin beans using sustainable methods.
domain founded_year HQ Location
Direct-to-consumer brand offering premium chocolates.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cloetta

Frequently Asked Questions about Cloetta

When was Cloetta founded?

Cloetta was founded in 1862.

Where is Cloetta located?

Cloetta is headquartered in Stockholm, Sweden.

How many employees does Cloetta have?

As of Dec 31, 2020, the latest employee count at Cloetta is 227.

What is the annual revenue of Cloetta?

Annual revenue of Cloetta is $39.69M as on Dec 31, 2021.

What does Cloetta do?

Cloetta was founded in 1862 in Stockholm, Sweden, and functions within the confectionery manufacturing sector. Operations are conducted through various production sites that comply with international food safety standards. A centralized system is employed to standardize processes, supplemented by localized adjustments for particular requirements. Emphasis is placed on operational efficiency, minimization of waste, and adaptable production methods. External manufacturing is contracted solely to partners upholding comparable quality criteria.

Who are the top competitors of Cloetta?

Cloetta's top competitors include Cadbury, Fitnessfika and Standout Chocolate.

What products or services does Cloetta offer?

Cloetta offers Gourmet Jelly Beans.

How many acquisitions has Cloetta made?

Cloetta has made 4 acquisitions, including Candyking, Goody Good Stuff, and The Jelly Bean Factory.

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