Dragsbæk

What Dragsbæk does

Dragsbæk A/S is a Danish food manufacturer founded in 1923 in Thisted, operating six production sites across Denmark, Germany and Lithuania under the Orkla Food Ingredients umbrella. The company produces three core categories: functional fats (butter, butter blends, margarines, spreadable fats, vegetable oils and specialty fats), beverages and nutrition (UHT-treated plant-based and hybrid dairy drinks, barista products, sports drinks and cooking creams at 100,000 tons annual capacity), and ice cream and desserts (plant-based, dairy and organic formats). It holds a 70% market share in Danish plant-based ice cream and exports to more than 40 markets globally, with the Vilnius site functioning as a Baltic production and distribution hub (rebranded from VMG Food in 2025) serving Latvia, Estonia, Hungary, Croatia, Poland, the Netherlands and Germany.

The technical foundation rests on Danish pastry lamination know-how developed over more than a century, proprietary culture and fermentation development for taste, texture and sustainability outcomes, modern UHT Tetra Pak processing for shelf-stable beverages, and a professional in-house test bakery at the Thisted site. Production runs on 100,000-ton capacity in functional fats and an equal 100,000-ton capacity in beverages and nutrition, with full certification coverage (BRCGS, IFS, HACCP, ISO 14001, RSPO, Rainforest Alliance, Organic, Halal, Kosher, SEDEX, CSRD). The company reports a 56% reduction in Scope 1 and 2 emissions since 2016 and specific products delivering up to 80–83% CO2 footprint reduction versus conventional benchmarks.

Revenue is generated through a pure B2B model: direct sales to industrial food manufacturers, professional bakeries, foodservice operators and retail chains, supplemented by private label manufacturing and channel relationships with foodservice distributors such as Dagrofa Food Service, Dansk Cater and Hørkram. Pricing is quote-based and format-dependent, ranging from 200g retail packs to 1,000L IBC tanks, on multi-year contracts. The brand portfolio spans NATURLI' (plant-based), Bakkedal (hybrid dairy spreadable), AMA (everyday cooking), Bedstemors (traditional Danish specialties), Pastella (fresh pasta), Ice Bakers, Spangsberg, Panda, and the Baltic-market brands Vilnius, AIMA and SUPER. Annual turnover is disclosed at over 2 billion DKK (≈€268M), with the German site citing €308M, supporting ~500 employees across the six production sites.

Name

Dragsbæk

Legal name

Dragsbæk A/S

Website

https://dragsbaek.dk

Company type

Private

Founded year

1923

Operating status

Operating

Headcount range

251–500 employees

Short description

Dragsbæk A/S is a 1923-founded Danish B2B food manufacturer producing functional fats, UHT plant-based beverages, and ice cream across six sites in Denmark, Germany and Lithuania for industry, bakery, foodservice, retail and private-label customers in 40+ markets.

Ownership category

akta.pro rank

Product category

Industrial Food Manufacturing

NAICS

Fats and Oils Refining and Blending (311225), Dairy Product Manufacturing (3115), Ice Cream and Frozen Dessert Manufacturing (311520), Starch and Vegetable Fats and Oils Manufacturing (31122)

SIC

Fats & Oils (2070), Dairy Products (2020), Ice Cream & Frozen Desserts (2024), Bakery Products (2050)

akta.pro primary industry

Bakery & Confectionery Fats (CBR/CBS/CBE, Coating & Filling Fats) (AFAJALAG)

akta.pro secondary industries

Dairy & Non-Dairy Fat Systems (Creamer Fats, Whipping/Fill Fats) (AFAJALAH), Animal-Derived Edible Fats (Tallow, Lard, Butterfat/Ghee) (AFAJALAE), Butter, Cream & Dairy Fats (CRADACAD)

Keywords

• Functional fats manufacturing
• Bakery and pastry ingredients
• UHT plant-based beverages
• Industrial ice cream production
• Private label food manufacturing

Headquarters

HQ city

Thisted

HQ country

Denmark

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. B2B Food Manufacturing: Production and sale of functional fats, beverages and nutrition products, and ice cream to industrial food manufacturers, bakeries, foodservice operators and retailers. Revenue generated through direct product sales and private label manufacturing partnerships.

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels5 records

Core offering

Dragsbæk manufactures and supplies functional fats (butter, butter blends, margarines, spreadable fats, vegetable oils, specialty fats), UHT-treated plant-based and dairy beverages and nutrition products, and ice cream and desserts, for industrial food manufacturers, professional bakeries, foodservice operators, retail chains and private label partners. The company operates six production sites in Denmark, Germany and Lithuania, running multi-brand portfolios (NATURLI', Bakkedal, AMA, Bedstemors, Pastella, Ice Bakers) with annual turnover above 2 billion DKK.

Product overview

Dragsbæk is a Danish food manufacturer operating as a multi-brand, multi-category platform producing functional fats, beverages and nutrition products, and ice cream and desserts. The company manages several sub-brands including NATURLI' (plant-based pioneer), Bakkedal (hybrid dairy spreadable), AMA (everyday cooking), Bedstemors (traditional Danish), Pastella (fresh pasta), Ice Bakers (premium ice cream), and Dragsbæk since 1923 (original Danish pastry lamination). Core product categories include Functional Fats (butter, butter blends, margarines, spreadable fats, vegetable oils, specialty fats), Beverage & Nutrition (plant-based drinks, barista products, cooking creams), and Ice Cream & Desserts (plant-based and dairy ice cream, mousses, sticks). Products serve industry, bakery, foodservice, and retail channels with private label options available. The company operates six production sites across Denmark, Lithuania, and Germany.

Differentiator

Problem solved

Functional benefit

Brands

• NATURLI': Plant-based brand leader in Denmark, offering oat drinks, plant-based spreadable, and ice cream. Exported to 40+ markets worldwide.
• Bakkedal
• AMA
• Bedstemors
• Pastella
• Ice Bakers
• Spangsberg
• Panda

Products and services

• Functional Fats Complete range of butter, butter blends, margarines, spreadable fats, vegetable oils and specialty fats for professional bakery, foodservice and industrial applications. Available as clean label, palm oil free, organic, plant-based, hybrid and full dairy-based solutions across formats from 200g to 1000L IBC. Annual capacity 100,000 tons.
• Beverage & Nutrition Plant-based and dairy-based UHT beverages, barista products, sports drinks, flavored drinks and cooking creams designed for long shelf life and stable performance across retail, foodservice and industrial channels. Annual capacity approximately 100,000 tons at the Vejen site.
• Ice Cream & Desserts Plant-based, dairy and organic ice cream, mousses, ice cream sticks and water-based ice pops supplied in cups, cones, trays and catering formats, with bold flavors and allergen-friendly options. Plant-based range holds 70% Danish market share.
• NATURLI' Plant-based brand offering oat drinks, plant-based spreadable fats and indulgent ice creams and desserts. Market leader in several plant-based categories in Denmark, exported to more than 40 markets worldwide.
• Bakkedal Hybrid dairy spreadable combining traditional dairy products with plant-based oils. Created on the west coast of Jutland, offering functional and balanced spreadable products.
• AMA Budget-friendly quality for everyday cooking and baking. Products made from vegetable oils and dairy milk in hybrid recipes, designed for reliable taste without compromise.
• Bedstemors Traditional Danish specialty brand bringing nostalgic food back to the table. Includes Palmin, pig lard and classic Danish specialties for holidays and traditional baking.
• Pastella Fresh pasta brand produced in Italy with authentic Italian passion. Offers fresh pasta in various shapes including lasagna sheets, spaghetti, fettuccine, ravioli, tagliatelle and tortellini, in organic and conventional varieties.
• Ice Bakers Premium ice cream and desserts brand offering indulgent flavors with cookie dough, funky jams and creative fruit inclusions. Available in plant-based, dairy-based and organic options for retail and foodservice.
• Dragsbæk since 1923 Original Danish pastry lamination and hybrid butter blends designed by professionals. Includes pastry fats for croissants, Danish pastry, puff pastry and soft doughs with plasticity and performance for professional bakers.
• Vilnius Market-leading margarine brand in the Baltic region, offering spreads and fats for retail in various pack sizes.
• AIMA Versatile everyday-use brand in the Baltic market offering margarine and spreadable fats for consumers seeking good value.
• SUPER Professional pastry margarine brand for bakers and food production professionals in the Baltic region.
• Private Label Manufacturing Custom manufacturing of functional fats, UHT beverages and ice cream under partner brands, with flexible packaging, custom branding, scalable production and organic or allergen-friendly options.

Quantifiable outcome

• 56% reduction in Scope 1 and 2 emissions since 2016
• +3 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered parent company and core.

• Orkla Food Ingredientsparent companyStrategic or Co-development PartnerParent company and part of Orkla group. Orkla is a major Nordic conglomerate with food and food-related companies. Dragsbæk operates as part of Orkla Food Ingredients with shared ESG standards, Code of Conduct policies and sustainability commitments.
• BKD (Danish Bakery Association)coreStrategic or Co-development PartnerDanish Bakery Association representing more than 300 members across 500+ sales outlets. The Danish National Bakery Team, part of BKD, officially uses Dragsbæk products for lamination in croissants, Danish pastry, pain au chocolat and brioche.
• Organic DenmarkcoreStrategic or Co-development PartnerLeading organization for organic agriculture and food production in Denmark. Dragsbæk is a member, contributing to the EU goal of 25% organic farming and food consumption by 2030. 25% of Dragsbæk's export volume is organic.

Scale indicators10 records

Recent moves8 records

Expansion highlights4 records

Broad incumbents

• Cargill: Global food and agriculture giant with a large specialty fats and oils ingredient platform (including cocoa, palm and dairy alternatives). Competes with Dragsbæk across bakery, dairy and UHT beverage customers at a different scale.
• Lactalis: World's largest dairy group with deep presence in butter, cream, and UHT dairy ingredients. Comparable to Dragsbæk's dairy fat and UHT beverage businesses across European industrial, foodservice and retail customers.
• Archer Daniels Midland (ADM): Global nutrition and agricultural origination company with significant specialty fats and oils ingredient capabilities. Competes for industrial bakery, beverage and ice cream customers at substantially greater scale than Dragsbæk.
• Bunge Limited: Global agribusiness and food ingredients major; its Loders Croklaan business supplies specialty bakery and confectionery fats. Operates at a much larger scale than Dragsbæk with overlapping specialty-fat technology and customer base.
• Arla Foods: Danish-Swedish dairy cooperative and one of the largest dairy ingredient suppliers in Europe. Comparable to Dragsbæk's dairy fat and UHT beverage businesses, with overlapping Nordic customers and a stronger dairy cooperative base.

Direct peers

• Upfield: Global plant-based spreads leader (Flora, Becel, ProActiv, Country Crock). Direct competitor in margarine, butter blends and plant-based spreads — overlapping with Dragsbæk's NATURLI', Bakkedal and AMA product lines.
• Oatly: Swedish plant-based beverage and ice cream brand. Direct peer to Dragsbæk's NATURLI' UHT oat drinks and plant-based ice cream, competing in the same retail and foodservice channels across Europe.
• Puratos: Belgian bakery, patisserie and chocolate ingredients specialist. Direct peer in bakery fats and lamination solutions serving artisan and industrial bakeries — competes for the same bakery customers Dragsbæk serves via BKD and foodservice channels.
• AAK (AarhusKarlshamn): Swedish-Danish specialty oils and fats company serving bakery, dairy, plant-based foods, and personal care. Closest direct peer to Dragsbæk's functional fats and bakery lamination business, with overlapping customers in Europe and similar specialty-fat positioning.

Others

• Orkla: Norwegian conglomerate and parent of Dragsbæk's operating segment (Orkla Food Ingredients). Included as a structural reference rather than a competitor — Orkla sets Dragsbæk's capital allocation, ESG standards and group-level strategic direction.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/dragsbaek1923
• Instagraminstagram.com/theicebakers

Compliance11 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries5 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Dragsbæk