date:May 28, 2014
rtant markets.
We are very pleased to become part of the Cloetta Group. With Cloettas focus on brands and strong routes-to-market in their core markets, I am convinced that we will be able to further strengthen and accelerate the growth of The Jelly Bean Factory brand, says Richard Cullen, Managing Director at Aran Candy Ltd.
Initially, Cloetta has acquired 75% of the shares of Aran Candy Ltd. The remaining 25% will be acquired in 2016. The upfront purchase price is SEK 140m in cash and the re