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The Competition Authority approves the merger of Cloetta and LEAF


As previously announced, Cloetta AB (publ) (”Cloetta”) entered, on December 15, 2011, into an agreement with Leaf Holding S.A.* to purchase all shares in Leaf Holland B.V. (”LEAF”). The acquisition of LEAF is, as previously announced, conditional upon approval by the shareholders of Cloetta at an extraordinary general meeting and approval by the relevant competition authorities.

The Swedish Competition Authority (Sw: Konkurrensverket) has on February 3, 2012 approved the merger of Cloetta and LEAF. The condition regarding approval by the relevant competition authorities is thus satisfied. An extraordinary general meeting will be held in Cloetta on February 15, 2012 in order for the shareholders of Cloetta to be able to approve the merger.

Please refer inquiries to:

Curt Petri, CEO, +46 70 593 21 69
Christina Björck, Head of Communications, +46 70 544 88 78

The information contained in this press release is such that Cloetta is required to disclose pursuant to the Swedish Financial Instruments Trading Act and/or the Swedish Securities Markets Act. The information was submitted for publication on February 6, 2012 at 08:00 CET.

*) A company owned by Nordic Capital Fund V and funds with CVC Capital Partners as advisor.