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Venco belongs to Cloetta AB through Cloetta Holland B.V.. Venco is owned by Cloetta AB, headquartered in Sweden. No. The ultimate owner of Venco, Cloetta AB, is headquartered in Sweden, not in the United States.
Cloetta AB is a leading confectionery company based in Sweden, known for producing a wide range of confectionery products, including chocolates, candies, and licorice.
Sources: theprofessors.com.au, seekingalpha.com
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