Candyking Holding AB: Candyking Sweden AB cancels central logistics agreement with ICA Sweden AB

Regulatory News:

Candyking AB (STO:CANDY):

To increase the flexibility and efficiency in the supply chain Candyking Sweden has today cancelled the central logistics agreement with ICA Sweden AB regarding pick and mix confectionary and snacks. This means that Candyking Sweden will deliver directly to ICA stores. The agreement has a notice period of three months. The work with transferring the stores with logistic set-up through ICA’s central warehouse will start immediately. A significant share of Candyking Sweden’s ICA-volume is already today delivered directly to the stores.

This information was made public on the 6th of July at 18.30

About Candyking

Candyking was founded in 1984 and is the leading supplier of pick & mix in the Nordic region. the UK & Ireland and Poland. Candyking currently has more than 8.000 outlets and offers stores a turnkey concept that includes products. displays and accompanying store and logistic services. Candyking’s confectionery concept and brands are Candyking. Karamellkungen and Candyking Favourites. In addition. Candyking is a leading pick & mix supplier of natural snacks in Sweden and Finland under the Parrot’s brand. In 2015 the company had sales of about SEK 1.5 billion.

This information was brought to you by Cision http://news.cision.com

View source version on businesswire.com: http://www.businesswire.com/news/home/20160706006153/en/