Greenfood Group is a leading supplier in the increasingly attractive market for healthy foods with strong and proven food concepts, well positioned for a continued roll-out and further growth.
Company Background
- The Greenfood Group focuses on ‘Green Convenience’: Sustainable, healthy food that is tasty, affordable, and easily accessible to a wide audience
- Greenfood operates in three business areas:
- Picadeli: European market leader in healthy fast food, offering customers healthy and convenient options through self-serve salad bars. Award-winning technology, making use of AI and data cloud connectivity to minimise in-store effort, reduce waste, and step up the experience for salad-loving consumers
- Food Solutions: Innovative food products manufactured in best-in-class facilities with high productivity and low levels of food waste
- Fresh Produce: Fruit and vegetable wholesale specialist with an extensive range of supplies from all over the world
Vision & Outlook
- Support continued growth and international expansion
- Leverage underlying trend of increased healthy and convenient eating options
- Invest in sustainability practices to inspire a healthier society by connecting people with affordable, tasty and healthy food with less climate impact
Highlights & Updates
- Highly scalable business model, with an installed base of over 2,000 self-service Picadeli salad bars, Greenfood is well-positioned for continued growth from its market-leading position across six European countries
- Since Nordic Capital’s acquisition, Greenfood has expanded from the Nordics to France, Spain, Belgium, Germany, and the US with its highly scalable Picadeli business model
- ‘Greenhouse’, the Group’s new logistics centre in Sweden became fully operational in 2023 and was crowned ‘Logistics Facility of the Year’. This ultra-modern facility is packed with green technology and is the central hub of Greenfood’s Nordic operations
- Science Based Targets initiative (SBTi) approved Greenfood’s climate targets in 2023
SECTOR
Consumer
REVENUES 2023
EUR 510 million
EMPLOYEES
890
OWNERSHIP
Fund VIII
INVESTMENT DATE
2016
HEAD OFFICE
Helsingborg, Sweden