Scan Sverige, a company that was established in 2024 when Lantmännen acquired the Swedish assets of Finland-based meat and poultry producer HKFoods, is growing.
Lantmännen announced in late February that it had signed an agreement to acquire Lindvalls Chark AB, in which the new assets will become part of the Scan Sverige subsidiary, but Lindvalls will continue to be handled as a separate business.
Founded in 1925, Lindvalls offers sausages and charcuterie from Swedish farms, has some 100 employees and an annual turnover of around SEK400 million. At the production facility in Strömsnäsbruk in Småland, the company produces approximately 8,000 metric tons of sausages each year. Since 2017, Lindvalls has been owned by Norwegian company Jordaneskoncernen.
“The acquisition of Lindvalls complements Scan Sverige's existing business and brands in an excellent way. Lindvalls is a well-known company that is now becoming fully Swedish again. For Lantmännen and our members, Swedish farmers, the acquisition is yet another investment in Swedish food production and in strengthening long-term conditions for Swedish agriculture,” says Magnus Kagevik, group president and CEO of Lantmännen.
Lindvalls is a leading brand in service trade and has well-established partnerships with several nationwide chains. In addition, they also have a presence in retail trade with their own product brand.
“Scan Sverige is already established as having one of the strongest and broadest ranges and offerings on the market when it comes to Swedish meat and charcuterie. Our acquisition of Lindvalls will further strengthen our position, not least in the convenience area – and with their expertise and well-reputed brand, we further our access to a flexible and customer-oriented organization. The acquisition also enables us to continue leading the way forward in terms of increased, sustainable meat production – along with members, colleagues, and suppliers,” said Lars Appelqvist, MD of Scan Sverige.
The transaction is subject to approval by the relevant authorities and is expected to close in the first half of 2025.
When Scan Sverige formed in 2024, it had approximately 1,800 employees and production facilities in Kristianstad, Skara, Linköping and Halmstad and its head office in Stockholm. The company’s brands include Scan, Pärsons and Bullens.
In addition to being the parent company of Scan Sverige, Lantmännen is also the world's 110th largest feed producer.
