Cloetta AB Announces Nomination Committee Appointments
August 26, 2020 at 09:00 am EDT
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In accordance with the decision of the Annual General Meeting, Cloettas nomination committee shell consist of at least four and at most six members. Cloetta hereby announces that the nomination committee now has been appointed ahead of the Annual General Meeting in April 2021. The nomination committee consists of the following members: Lars Schedin, Chairman, appointed by AB Malfors Promotor, Stefan Johansson, appointed by PRI Pensionsgaranti, Johan Törnqvist, appointed by Ulla Håkanson, Mikael Norman, appointed by the Board of Cloetta AB.
Cloetta AB is a Sweden-based company active in the chocolate and sugar confectionery market. The primary ingredient for its products is cocoa. The Company uses cocoa mass that is produced from seeds found in the fruit of cocoa trees grown along the equator. It produce and sells products within three main categories, namely Chocolate, which comprises chocolate wafers, plates, pralines and dragees; Sugar confectionery, which comprises foam, wine gums, liquorice, toffees, hard boiled candy, chewy candy, toffee/fudge/caramel and lollypops, and Refreshment, which comprises pastilles and chewing gum. The Company owns such brands, as Lakerol, Cloetta, Jenkki, Kexchoklad, Malaco, Sportlife, Saila, Red Band and Sperlari. The Company has 12 production units in six countries. In January 2014, it acquired Alrifai Nutisal AB. In May 2014, it acquired 75% of shares of Aran Candy Ltd and the brand The Jelly Bean Factory, Irish company producing and selling gourmet Jelly Beans.
CLOETTA AB 
