Following its merger with Leaf coupled with overcapacity in its production operations, Cloetta has decided to close its factories a tGavle, Aura and Alingsas in Sweden, as well as streamline
Tag "Cloetta"
![Interim Profits Plunge at Cloetta](http://foodanddrinkbusiness.com/wp-content/uploads/2011/03/Cloetta-505x306_c.jpg)
Falling sales volumes and a decrease in contract manufacturing coupled with rising raw material prices, which weakened margins, have adversely impacted on the financial performance of Swedish confectionery manufacturer Cloetta