Cloetta AB Class B shares (0CL)

Profile

https://www.cloetta.com

Cloetta AB Class B shares represent equity in Cloetta AB, a leading Swedish confectionery company founded in 1862 and headquartered in Sundbyberg, Sweden. The company specializes in manufacturing and marketing a diverse portfolio of chocolate, sugar confectionery, pastilles, and chewing gum products, including well-known brands such as Läkerol, Cloetta, Candyking, Jenkki, Kexchoklad, Malaco, Sportlife, Red Band, Polly, Plopp, and Ahlgrens bilar. Cloetta operates six production units across five countries, with major facilities in Sweden and Slovakia, employing approximately 2,513 people. Its core markets encompass Sweden, Finland, Denmark, Norway, and the Netherlands, while products reach over 60 countries worldwide, primarily through grocery retail, service trade, e-commerce, and pick & mix channels. Cloetta's Class B shares, which carry one vote each compared to ten for Class A shares, form the bulk of its outstanding shares at around 283 million, traded publicly to provide investor access to the resilient consumer defensive sector focused on confectioners. The company emphasizes sustainability, innovation in vegan and low-sugar options, and a vision to inspire joy through its products. With a market capitalization near SEK 12 billion, these shares reflect Cloetta's established role in Northern Europe's competitive confectionery landscape.