:. Food Industry News


Cloetta Fazer AB to De-Merge into Cloetta and Fazer Confectionery

Source: Cloetta Fazer AB
16/06/2008

Stockholm, 16 June 2008 - The principal owners of Cloetta Fazer AB (publ) (“Cloetta Fazer”) – Oy Karl Fazer Ab (“Fazer”, or “Fazer Group”) and AB Malfors Promotor (“Malfors) – who together own approximately 78.5 percent of the votes in Cloetta Fazer, have struck an agreement concerning a de-merger of Cloetta Fazer.

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Through the de-merger, Cloetta Fazer creates the two future companies Cloetta and Fazer Confectionery. The new Cloetta intends to apply for a listing on the OMX Nordic Exchange Stockholm. Fazer Confectionery will be consolidated in the privately held Fazer Group.

The offer from Oy Karl Fazer Ab to the shareholders in Cloetta Fazer AB (publ) is not made to person in these countries or in any other country, in which participation requires further information, registration or other measures in addition to those that are required according to the Swedish Law.



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