Lantmännen invests in plant-based milk company Sproud

By: Trademagazin editor Date: 2025. 07. 01. 11:31

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Swedish agri-food company Lantmännen has acquired a 10% stake in plant-based milk company Sproud.

Lantmännen’s new factory, planned to be operational from mid-2027, will produce protein from peas and fava beans

This article is available for reading in Trade magazin 2025/6-7.

Founded in 2018, Sproud’s plant-based milk alternatives are available in more than 30 countries and they are made primarily from split peas. Lantmännen’s goal is to build a stronger presence in the pea protein value chain. Sproud realised SKR 58m sales in 2024, which was a 38% increase on the previous year.