Greenfood
Sector/industry
Healthy foods supplier
Greenfood Group is a leading supplier in the increasingly
attractive market for healthy foods (fruits, vegetables and salads)
in the Nordic region.
Greenfood has a very strong position in the Nordic region
within healthy foods, exemplified by the market leading Picadeli
salad bar concept which is highly appreciated by both retailers and
consumers. In a growing market for healthy eating options,
Greenfood is, with its strong and proven concepts, well positioned
for a continued roll-out and further growth both in the Nordics as
well as internationally.
The Greenfood Group was established in 2015 through a
combination of Picadeli and STC Greenfood. The two companies enjoy
significant synergies which will further strengthen the customer
and consumer offerings of convenient healthy food as well as
innovation capabilities. Greenfood now covers all steps of the
fruit and vegetable value chain, from the farmer to peoples'
everyday life, and comprises of Picadeli, Fresh Cut and
Sourcing.
Picadeli salad bars, is an innovative shop-in-shop concept
enabling consumers to pick and mix their own salads in grocery and
convenience stores. Picadeli was founded in 2010 and has since
grown rapidly to offer its concept in more than 1,500 locations
across Sweden, Finland, Denmark and Estonia. Fresh Cut delivers
processed and pre-packaged fruits and vegetables to customers such
as retailers and wholesalers in Sweden, Finland, and Denmark, and
Sourcing is a supplier of fruits and vegetables across the Nordic
markets sourcing from both local and global growers
Nordic Capital acquired Greenfood in March 2016. The aim is to
support Greenfood's continued growth and international expansion
driven by a strong underlying trend of increased healthy eating and
demand for convenient meal solutions within fruits and
vegetables.
Management:
- David von Laskowski, CEO
- Mattias Engberg, CFO
Key Information:
Revenues
2016*:
EUR 410 million
Employees:
700
Ownership:
Nordic Capital Fund VIII, controlling shareholding
Date of investment:
2016
Head office:
Helsingborg, Sweden
* Reported