Aroma AB, a nearly 100-year-old company based in Stockholm, acquired Dals Konfektyr, which makes chocolate, toffees and jellies, for an undisclosed amount.
Finnish firm Fazer has announced a strategic partnership with media company Rovio Entertainment to make Angry Birds branded confectionery as it aims to grow in international markets.
Swedish confectioners Cloetta and Leaf have sealed a €753m merger making it the largest confectionery company in Scandinavia, according to an analyst from Euromonitor.
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.
M-real has unveiled plans to invest €26m in boosting its folding boxboard capacity at one of its plants in Finland on historically high demand for the material from the food packaging sector.
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.
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.
Scandinavian confectioner Cloetta Fazer remains optimistic that it
can turnaround flagging Polish sales, despite posting disappointing
2004 operating profits, Tom Armitage reports.
A strategy of concentrating on a handful of core confectionery
brands has left Sweden's Cloetta Fazer group with significant
overcapacity - and an inevitable programme of factory closures.
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.
Fortifying wheat flour with iron appears to have little effect on
improving intake of the mineral, suggests a report in this month's
European Journal of Nutrition.
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.
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.
