Lantmännen

What Lantmännen does

Lantm\u00e4nnen is a Swedish agricultural cooperative (ekonomisk f\u00f6rening) founded in 1905 and owned by approximately 17,000 Swedish farmers, operating as Northern Europe's leading player across agriculture, machinery, bioenergy, and food. The group operates through four divisions: Agriculture (machinery, feed, crop inputs, grain trading through a cooperative network); Energy (biofuels, bioenergy, feed ingredients, and green chemicals produced at three biorefinery sites in Norrk\u00f6ping, Kimstad, and Lidk\u00f6ping); Food (consumer brands and B2B bakery and ingredients including Lantm\u00e4nnen Cerealia, Lantm\u00e4nnen Unibake, and Scan Sverige); and Real Estate. Disclosed revenue is approximately SEK 60 billion per year, with operations in more than 20 countries and a workforce of more than 10,000.\n\nThe underlying technology stack spans advanced plant breeding (speed breeding chambers, DNA sequencing, genomic selection, drone-based field analysis at the Sval\u00f6v and Bjertorp Farms of the Future), biorefinery processing of grain and food-industry residuals into food ingredients, feed, biofuels, biogas, and green chemicals, and a proprietary Climate & Nature methodology for calculating cultivation climate impact, reviewed by independent parties and aligned with science-based targets. The biorefinery business alone generated EUR 320 million in 2025 sales with 308 employees. R&D is funded through the Lantm\u00e4nnen Research Foundation (SEK 300 million contributed, SEK 25 million annual calls), and the company also draws on external financing such as a EUR 45 million Nordic Investment Bank R&D loan (2023).\n\nThe business model combines transaction-based branded food sales through retail grocery (AXA, Kungs\u00f6rnen, Scan, GoGreen, FINN CRISP, Schulstad, Vaasan, Hatting, Korvbr\u00f6dsbagarn), direct B2B sales of food ingredients, bakery products, meat and charcuterie to industrial customers (including McDonald's Finland, Paulig, Arla), direct sales of biofuels and bioenergy, and cooperative supply of agricultural inputs and machinery to farmer members. Revenue streams include one-time machinery sales, transactional food and energy sales, and recurring financial products (Lantm\u00e4nnen Finans savings account, Lantm\u00e4nnen Card accepted at ~40 million locations globally). Recent portfolio actions include the January 2026 divestment of Swecon to Volvo CE (SEK ~7 billion) and a series of food-sector acquisitions (Lindvalls Chark, Boboli Benelux, Panificio San Francesco, Leipurin for EUR 62 million, Delsbo Slakteri and J\u00e4mtlandsg\u00e5rden), alongside a SEK 1.2 billion pea protein facility under construction in Lidk\u00f6ping.

Name

Lantmännen

Legal name

Lantmännen Ek. För.

Website

https://lantmannen.com

Company type

Private

Founded year

1905

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Lantm\u00e4nnen is a Swedish agricultural cooperative owned by 17,000 farmers and Northern Europe's leading player across agriculture, bioenergy, and food. It operates four divisions producing branded grocery products, bakery goods, meat, plant-based proteins, and biofuels from grain and food-industry residuals.

Ownership category

akta.pro rank

Product category

Agricultural Cooperative & Food Products

NAICS

Food Manufacturing (311), Grain and Field Bean Merchant Wholesalers (424510)

SIC

Food And Kindred Products (2000), Sausages & Other Prepared Meat Products (2013), Grain Mill Products (2040)

akta.pro primary industry

Alternative Protein Snacks, Bars & RTD Nutrition Manufacturing (AFAKAGAK)

Keywords

• Agricultural cooperative
• Food manufacturing
• Bioenergy production
• Plant breeding technology
• Cereal and bakery products

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices10 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Agriculture Products and Services: Sale of agricultural products, machinery sales and maintenance, feed products to farmers and agricultural businesses
2. Food Products: Sale of branded food products through retail including AXA, Kungsörnen, Scan, GoGreen, FINN CRISP, Schulstad, Vaasan through grocery stores and food service
3. Energy and Bioenergy: Production and sale of biofuels, bioenergy products, feed ingredients, and green chemicals from biorefineries
4. Real Estate: Real estate operations and property management across the company's property portfolio
5. Machinery Operations: Sale and maintenance of agricultural machinery (Note: Swecon divested to Volvo CE in January 2026)

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

Lantmännen is an agricultural cooperative that produces and sells branded food products (cereals, flour, bakery, meat, plant-based protein), operates biorefineries that convert grain and food industry residuals into food ingredients, feed, biofuels, biogas and green chemicals, imports and services agricultural machinery, and supplies crop inputs and feed to its 17,000 Swedish farmer-owner members. Its portfolio spans retail consumer brands (AXA, Kungsörnen, Scan, GoGreen, FINN CRISP, Schulstad, Vaasan, Hatting) and B2B food ingredients/feed/bioenergy supply across Northern Europe.

Product overview

Lantmännen is an agricultural cooperative owned by 17,000 Swedish farmers, operating as Northern Europe's leading player in agriculture, machinery, bioenergy, and food. The company operates through four main divisions: Agriculture (products and services for competitive farming, including machinery), Energy (bioenergy products including biofuels, feed, and food ingredients through biorefineries), Food (consumer brands and bakery operations), and Real Estate. The Food Division encompasses Lantmännen Cerealia (AXA, Kungsörnen, Gyllenhammars), Lantmännen Unibake (Schulstad, Vaasan, Hatting, Korvbrödsbagarn), and Scan Sverige (meat and charcuterie). Well-known consumer brands include AXA (oatmeal, muesli), GoGreen (plant-based proteins, legumes), FINN CRISP (crispbread), and Kungsörnen (flour, pasta). The company also operates sustainability programs like Climate & Nature, digital tools like LM² for farmers, and maintains a Research Foundation funding agricultural and food research.

Differentiator

Problem solved

Functional benefit

Brands

• AXA: Food brand including oatmeal, granola, muesli, and sports club with over 24,000 members
• Kungsörnen
• Scan
• GoGreen
• FINN CRISP
• Schulstad
• Vaasan
• Korvbrödsbagarn
• Bonjour
• Gyllenhammars
• Hatting
• SPC-Flakes
• Salovum
• Årets Kock
• Årets Gatmat
• Rapsgris
• Climate & Nature
• Framtidsgården (Farm of the Future)
• Farming of the Future
• Lantmännen Research Foundation

Products and services

• AXA
• Kungsörnen
• Scan
• GoGreen
• FINN CRISP
• Schulstad
• Vaasan
• Hatting
• Korvbrödsbagarn
• Bonjour
• Gyllenhammars
• SPC-Flakes
• Salovum
• Lantmännen Biorefineries
• Leipurin
• Lantmännen Aspen
• LM² digital platform
• Lantmännen Card
• E-capital Account

Quantifiable outcome

• Up to 45% lower climate impact with fossil-free fertilizer compared to 2015 baseline
• +4 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eight partnerships are on record, tiered core, supporting and flagship.

• McDonald's FinlandcoreStrategic or Co-development Partner · 24 March 2026McDonald's joined as the first partner in Finland for Lantmännen's Climate & Nature sustainable cultivation program for wheat supply. Approximately 40 Finnish contract farmers will grow wheat under the program's criteria including low-carbon fertilizers, precision farming, 100 percent biofuels in farm machinery, and biodiversity measures.
• PauligcoreStrategic or Co-development PartnerPaulig joined Climate & Nature in 2022 and contracts wheat primarily for tortilla production. Partnership enables savings of more than 7,500 tonnes CO2e. Companies share ambition for science-based climate targets aligned with 1.5°C pathway.
• ArlacoreStrategic or Co-development PartnerCollaboration at Viken Farm of the Future for sustainable milk production. Partnership focuses on feed efficiency, land use, animal welfare, climate mitigation, and fossil-free inputs. From 2025, all milk from Viken delivered to Arla.
• AgronodsupportingTechnology or IntegrationPartnership to enhance automation and reduce climate impact in crop production. Farmers in Climate & Nature program can better track and verify environmental efforts starting from 2026 harvest with more accurate climate impact calculations.
• Delsbo Kött ABsupportingOthersScan Sverige acquired Delsbo Slakteri AB and Jämtlandsgården Livsmedel AB from owners Mattias Norell and Thomas Gill. Combined operations generate approximately SEK 190 million in turnover with around 40 employees.
• EkobenzsupportingStrategic or Co-development PartnerLantmännen Energi AB entered agreement to acquire Ekobenz in Poland to extend value chain using ethanol-to-gasoline technology for sustainable fuels and reduced greenhouse gas emissions.
• Swedish University of Agricultural Sciences (SLU)coreStrategic or Co-development PartnerResearch collaboration including SustAinimal research center at SLU for sustainable animal production. Partnership also includes satellite and sensor research for precision agriculture.
• EU Commissioner for AgricultureflagshipOthersEU Commissioner Christophe Hansen visited Lantmännen's Norrköping biorefinery to learn about bioeconomy, agricultural competitiveness, and green transition. Demonstrates company's role in EU food policy.

Scale indicators19 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Fazer: Finnish bakery and confectionery group with strong Nordic brand presence in bread, pastries, and food service. Competes with Lantmännen Unibake in Nordic bakery markets, particularly through Schulstad and Vaasan brands.
• DLG (Dansk Landbrugs Grovvareselskab): Danish agricultural cooperative serving Northern European farmers with grain, feed, crop inputs, and machinery. Closest structural analog to Lantmännen with similar cooperative ownership model and Nordic farmer membership base.
• Arla Foods: Dairy cooperative owned by farmers across Northern Europe, with direct partnership through Viken Farm. Shares cooperative governance structure and Nordic farmer-owner base, serving overlapping B2B and consumer food markets.
• Danish Crown: Danish farmer-owned meat cooperative, direct competitor to Lantmännen's Scan Sverige division in pork, beef, and charcuterie. Similar cooperative model with Nordic farmer members and meat processing operations.
• BayWa: German agricultural cooperative and trading group with grain, agricultural inputs, machinery, and energy businesses. Comparable integrated agricultural value chain across multiple European geographies.
• Orkla: Norwegian conglomerate operating Nordic food brands, bakery, and plant-based categories. Overlaps with Lantmännen Cerealia and Unibake in branded grocery and bakery products across Scandinavian retail.
• HKScan: Nordic meat company previously divesting its Swedish operations to Lantmännen. Direct competitor in Scandinavian meat and charcuterie markets alongside Scan Sverige's operations.

Broad incumbents

• Cargill: Global agricultural commodity trader and food ingredient producer with grain origination, oilseed processing, and animal nutrition. Overlaps with Lantmännen Biorefineries and Agriculture divisions at scale.
• Archer Daniels Midland (ADM): Global grain processor and food ingredient supplier with major presence in plant-based proteins, ethanol, and agricultural services. Direct competitor in grain processing and food ingredients space.

Emerging players

• AAK (Aarhuskarlshamn): Swedish-Danish specialty oils and fats company serving food industry customers with plant-based oils. Adjacent competitor in plant-based food ingredients alongside Lantmännen's growing pea protein business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/lantmannen
• Facebookfacebook.com/jordtillbord
• LinkedInlinkedin.com/company/lantmannen

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries12 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lantmännen