In light of the negative Italian economic development and the performance of Cloetta Italy over the last years, Cloetta has initiated a strategic review of Cloetta Italy. As a consequence of this an indicative valuation of Cloetta Italy shows an impairment requirement of SEK 771m pre-tax and SEK 594m post-tax attributable to Cloetta Italy.
Jacqueline Hoogerbrugge, President Operations and member of Cloetta Group Management, has decided to leave Cloetta. She will leave Cloetta before the summer of 2017. A recruitment process to find her successor has been initiated.
On 8 March, Cloetta announced the intention to close the factory in Gävle, Sweden. Following finalized union negotiations and the report from the independent Employee consultant, the Board has decided to close the factory.
Ahead of the Olympic Games in 2012, a historic handshake marks the start of a multi-year collaboration between Cloetta and the Swedish Olympic Committee
Tony Wiréhn, Cloetta’s Business Development Director, Stefan Lindeberg, Chairman of t…
Cloetta has today announced plans to cut 28 jobs at its factory in Ljungsbro. The redundancies will affect employees in production and are a response to decreasing volumes from the production collaboration with Fazer and continuous efficiency improvements following completed equipment investments.
As previously announced, Cloetta AB (publ) will be listed on NASDAQ OMX Stockholm with trading to commence on 16 February 2009.
A listing prospectus (in Swedish) is now available on the company’s website, www.cloetta.se.
The information in this …
NASDAQ OMX Stockholm AB’s listing committee has today approved the class B share of Cloetta AB (publ) for trading on NASDAQ OMX Stockholm AB, after which trading of Cloetta’s B shares will be moved from NASDAQ OMX First North to NASDAQ OMX Stockhol…