Friday, October 24, 2014

Swedish wonders - Ridderheims and Sibylla



Selling of Fallbygdens business is fine and okay, cheeses really do not belong to meat processing company’s repertoire.  Here are the arguments given by Atria.

”Atria focuses on its core business in Sweden and therefore Atria Sverige AB has made an agreement to sell the Falbygdens cheese business to Arla Foods AB.”

However by the same grounds, Ridderheims should be sold as well. What has Atria to do with Italian olives?  They for example are contained in the company’s product range.  In addition, I ponder if Ridderheims truly is an appealing brand or even a well-known brand.  Namely the company has been campaigning to raise its brand awareness.  The company’s attention-grabbing advertising campaign in September was targeted for busy people making their career.  Really, one must conclude that Ridderheims is not a power brand.  Not even in Sweden.

Ridderheims’ products, to a large extent, are imported but at the same time the company is geared towards building export and currently Norway is the biggest market.  Finns have not yet adopted its products and export to Russia is currently not an option.  How could Ridderheims take foothold anywhere abroad? Why should anyone want his or her Prosciutto di Parma not to come straight from Italy but for instance via Gothenburg, with only Ridderheims’ logo added?  Products something like this.

Perhaps Ridderheims is not the kind of crown jewel that one could have though. Maybe Atria will sell Ridderheims as soon as someone wants to buy it.



What about the other Swedish wonder, Sibylla, and especially its progress in Finland?  Web pages tell that the number of point of sales is promising, about 300.

But what is the target? It is 400 sales outlets and reaching the top five the very near future.  It means that after this target is reached there will still be too many larger chains, namely a couple of chains which everyone knows, and a couple of chains, of which no one has ever heard of. Okay, their final target is top three.  That would be fine.

Perhaps Sibylla’s outlets are too small. Maybe fast food is associated also with social needs and some special needs such as desire to be seen. Or is it the case that fast food de facto is only for teens and families with children.  If so, Sibylla’s mini-outlets will never prosper.


We will look at Atria again later but on Friday, November 7th, we are going to look at HKScan’s businesses. Finno-Ugric peoples concisely.

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