Sweden

Cloetta Launches New Sustainability Agenda

Swedish confectionery and nuts company, Cloetta, has launched a new sustainability agenda, 'A Sweeter Future', which reflects the group's 'h...

Axfood To Acquire Wholesale Business Of Bergendahls

Swedish retailer Axfood has reached an agreement with Bergendahl & Son AB (Bergendahls) to acquire 100% of Bergendahl Food AB (Bergendahl Wholesale...

Swedish Vegan Milk Maker Oatly Raises $1.4bn In IPO

Swedish vegan milk maker Oatly Group AB, which counts celebrities Oprah Winfrey and Natalie Portman among its backers, raised $1.4 billion in its US initia...

Sweden's ICA Sees Sales Decline Of 1.7% In April

Swedish retailer ICA Gruppen has reported a sales decline of 1.7% in April 2021, compared with the corresponding month last year. Sales in like-for...

Italian Wine Sales Grow 7% In Value, 5.7% In Volume In 2020

Wine sales in the Italian off-trade channel (large scale retail) grew by 7% in value and 5.7% in 2020 compared to the previous year. Data from the Nomis...

Sweden's ICA Gruppen Sees Mixed Performance In First Quarter

Sweden's ICA Gruppen has published a first quarter trading update, noting that while it is still suffering financially in some areas as a result...

BillerudKorsnäs Posts 'Strong Net Sales' In First Quarter

Renewable packaging manufacturer BillerudKorsnäs has reported 'strong net sales' in the first quarter of its financial year, with sales rising 2% to S...

Cloetta Confirms Refinancing For Up To Four Years

Swedish confectionery firm Cloetta has announced that it has secured refinancing for up to four years through its existing banking group. The company ha...