Lindéngruppen acquires a substantial stake in food tech company cReal Food AB

18
October
2024

Lindéngruppen acquires a substantial stake and becomes the largest shareholder in the food tech company cReal. Lindéngruppen is committed to invest in leading industrial companies with the ability to transform their sectors towards sustainability. cReal is a good fit and broadens Lindéngruppen’s Group of companies.

“I am really excited about cReal and have followed the company closely since Erik and I first invested in the business in 2018. cReal has innovative technology, a fully sustainable business model and the potential to transform its industry. I’m absolutely delighted that cReal now is part of Lindéngruppen.”, says Jenny Lindén Urnes, owner and chair of Lindéngruppen.

With innovative technology and a strong team, cReal produces oat-based ingredients for food and drink applications, which can be used in a wide variety of products, such as ice cream, yoghurt, cream cheese, chocolate, and cereals. A new production facility in Bjuv, Sweden, is under construction and will be up and running in the spring of 2025. The company has already close cooperation with several major food producers and brands.

“We are thrilled to invest in cReal. The innovation-driven company fits perfectly in Lindéngruppen’s strategy. cReal has a cost-effective solution to real industry challenges. Consumers are asking for CO2-smart alternatives at a reasonable cost, and cReal plays a role in decreasing CO2 emissions in the food sector, while providing healthy and tasty alternatives to today's offering. We see significant potential in developing and scaling cReal, and we are looking forward to work with the excellent team.”, says Lindéngruppen CEO Fabio Pedrazzi.  

The food sector represents a sizeable part of global greenhouse gas emissions and true progress will have substantial impact. cReal is very well positioned to benefit from the global trends in food consumption, with its unique and patented technology for the fractionation of oats, enabling nutritious and sustainable plant-based food ingredients.

“We are delighted that Lindéngruppen has decided to make a significant investment in cReal. The Lindén Urnes family has already been involved for many years and contributed to the significant growth journey cReal is on. As an owner, Lindéngruppen brings a wealth of experience and expertise. With their support I am confident that cReal will succeed in delivering uncompromised taste experiences that are good for you and good for the planet”, says Christian Hjortholm, CEO of cReal.

About cReal

cReal is a business-to-business supplier of tasty, nutritious and sustainable oat-based food ingredients. cReal has developed proprietary cereal processing knowledge during over 30 years of research and development. The process is uniquely gentle and solely based on oat, water and oat malt which enables food applications of unique quality, functionality and clean label features.

www.creal.se