Chewing gum manufacturer Fennobon Oy becomes part of Cloetta Fazer

Chewing gum manufacturer Fennobon Oy becomes part of Cloetta Fazer 

The corporate acquisition signed between Cloetta Fazer and Finland's Fennobon Oy
on 30 November 2007 comes into force today on 2 January 2008, and as a result
Fennobon Oy, which has specialised in sugar-free chewing gum and pastils,
becomes part of Cloetta Fazer. Among other things, the acquisition of Fennobon
Oy will give Cloetta Fazer expertise in sugar-free products and a strong
position in a fast-expanding product segment. 

Fennobon is number three in the Finnish chewing gum market and Finland's only
domestic manufacturer of chewing gum products. The company has a focus on high
quality and uses xylitol in all of its products. The company's well known brands
include XyliDent- and Mumin xylitol chewing gum. 

Fennobon has its factory in Karkkila, Finland, northwest of the capital city of
Helsinki and production is planned to remain there. The company was established
in 1990 and has 46 employees. In 2006 Fennobon reported annual sales of
approximately SEK 66 million (EUR 6 million). Of the total sales volume, around
40% is exported to countries like Japan, the USA and Germany. 





More information is available on the subject in Cloetta Fazer's press release of
30 November 2007 (www.cloettafazer.com).  
For additional information please contact 
Jesper Åberg, CEO and Managing Director, mobile +46 70-180 21 01 
Managing Director of Cloetta Fazer Confectionery Ltd., Tom Lindblad, mobile +358
400 452 226 

About Cloetta Fazer 
Cloetta Fazer is the Nordic region's leading confectionery company, with a
market share of around 22 per cent. The company has production facilities in
Sweden and Finland. Cloetta Fazer's strength lies in its many popular brands,
such as Karl Fazer, Kexchoklad, Dumle, Geisha, Polly and Center. The average
number of employees is around 1,500 and annual sales in 2006 amounted to
approximately SEK 3 billion.