M&A Deal Summary

Katjes International KG Acquires Cloetta AB - Belgian Distribution

On February 22, 2012, Katjes International KG acquired distribution company Cloetta AB - Belgian Distribution from Cloetta

Acquisition Highlights
  • This is Katjes International KG’s 1st transaction in the Distribution sector.
  • This is Katjes International KG’s 1st transaction in Belgium.

M&A Deal Summary

Date 2012-02-22
Target Cloetta AB - Belgian Distribution
Sector Distribution
Buyer(s) Katjes International KG
Sellers(s) Cloetta
Deal Type Divestiture

Target

Cloetta AB - Belgian Distribution

Belgium
The Belgian distribution business primarily distributes confectionery products and has approximately 50 employees with net sales of above EUR 20 million in 2011. The company has a long-standing sales and distribution track record in Belgium and was voted best sales team in confectionery in the country in 2010.

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Buyer(S) 1

Buyer

Katjes International KG

Emmerich, Germany

Category Company
Sector Food
DESCRIPTION

Katjes International combines the holdings of Katjes group in Western Europe, each with strong and established brands in their home markets. So Katjes International has with the sugar commodity producers Lutti in the sugar confectionery market in France over the number two brand in Belgium and over the number one brand.


DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Divestiture) 1 of 1
Country (Belgium) 1 of 1
Year (2012) 1 of 1

Seller(S) 1

SELLER

Cloetta

Sundbyberg, Sweden

Category Company
Founded 1862
Sector Consumer Products
Employees2,592
Revenue 8.3B SEK (2023)
DESCRIPTION

Cloetta is a company that is mainly involved in the development, production and marketing of chocolate and sugar confectionery for selected markets under its own brand names. The key brands are Kexchoklad, Center, Plopp, Polly, Tarragona, Guldnougat, Bridge, Juleskum, Sportlunch, and Extra Starka. Cloetta AB has two production units in Sweden, in Alingsas and in Ljungsbro. Cloetta was founded in 1862 and is based in Sundbyberg, Sweden.


DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Divestiture) 1 of 1
Country (Belgium) 1 of 1
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-16 Leaf Holland BV

Oosterhout, Netherlands

Leaf is a pan-European manufacturer, marketer and distributor of sugar confectionery products such as basic candy, pastilles, chocolate and chewing gum. Leaf is a market leader in the chewing gum, pastilles and candy markets in Netherlands, Finland and Sweden and one of the top players in Italy, France, Belgium, Germany, Denmark, Norway, UK and Poland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-17 Locawo B.V.

Roosendaal, Netherlands

Locawo B.V. (Lonka) is produces and sells fudge, nougat and chocolate products.

Buy kr295M