We have been writing in previous morning coffees about our investment in the Swedish confectionary producer Cloetta. Cloetta has a strong portfolio of leading local brands in confectionery, chocolate products, nuts, pastilles, chewing gum and pick & mix concepts. The company produced 106,000 tonnes of candy in 2019 – our favourite sin. While the main markets are in the Nordics and in the Netherlands, some brands like Läkerol and Sportlife are well-known across Europe.
Mit freundlichen Grüssen aus Luxembourg
Léon Kirch, CIO & Partner