The poultry farming industry in the Nordics is characterized by advanced agricultural practices and a strong emphasis on sustainability. Companies range from feed manufacturers to processing firms, all playing a role in the production of chicken, turkey, and eggs. Technological innovations are being embraced to enhance efficiency, improve animal welfare, and reduce environmental impact. A growing consumer demand for organic and ethically-raised poultry products is shaping market trends, leading to increased investments in the sector. The focus on sustainable practices positions the Nordic poultry farming industry on a promising trajectory, poised for continued growth and modernization.

The investors in this list represent a mix of private equity firms, venture capitalists, and corporate investors, all based primarily in Stockholm and Copenhagen. Established since the 1980s, these investors vary in size from small teams to large corporations with thousands of employees. In 2024, they collectively completed nearly 30 deals, signifying robust activity within the poultry sector. Their investments reflect a commitment to supporting companies at various stages, from startups to established firms, that are striving to innovate and efficiency within poultry farming.

Top 8 Poultry Farming Investors in the Nordics

1. Almi

• Website: almi.se
• Type: Venture Capital
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 1994
• Headcount: 201-500
• Number of deals in 2024: 7
• LinkedIn: almi-ab

Almi AB is a financial services company based in Stockholm, Sweden, founded in 1994. It specializes in providing loans, risk capital, and business development support to small and medium-sized enterprises (SMEs) in Sweden. Almi aims to enhance the growth and competitiveness of these businesses by offering tailored financial solutions and guidance. Notably, Almi has been involved in several transactions relevant to the poultry farming sector, including investments in Tebrito, which has raised significant funds in multiple seed rounds for poultry production, and Gårdsfisk, which raised $1,231,100 in a venture round focused on sustainable fish farming practices. These investments highlight Almi's active role in supporting innovative agricultural ventures, including those in the poultry industry.

2. Finnfund

• Website: finnfund.fi
• Type: Corporate
• Headquarters: Helsinki, Uusimaa, Finland
• Founded year: 1980
• Headcount: 51-200
• Number of deals in 2024: 7
• LinkedIn: finnfund

Finnfund is a not-for-profit development financier and impact investor based in Helsinki, Uusimaa, Finland, founded in 1980. The organization focuses on creating sustainable futures by investing in companies that address global development challenges, particularly in developing countries. Finnfund provides investment and advisory services to promote economic growth and sustainability across various sectors. Notably, Finnfund has invested in EthioChicken, an Ethiopian chicken company, with a total of $15 million across two transactions (one in 2016 and another in 2021), highlighting their commitment to the poultry farming industry. Additionally, they have invested in Yalelo Limited, a company involved in aquaculture, which may also intersect with sustainable food production. These transactions illustrate Finnfund's active role in supporting the poultry sector and related agricultural initiatives.

3. Altor Equity Partners

• Website: altor.com
• Type: Private Equity
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 2003
• Headcount: 51-200
• Number of deals in 2024: 6
• LinkedIn: altor

Altor Equity Partners is a private equity investment management firm based in Stockholm, Sweden, founded in 2003. The firm specializes in enhancing operational efficiency and sustainable growth for its partners through tailored investment strategies and digital transformation solutions. Altor has been involved in several significant transactions in the poultry and related sectors, including the acquisition of Meyn Food Processing Technology, a company that provides essential processing technology for poultry. They also acquired Hamlet Protein, a producer of high-value animal feed, which is crucial for poultry farming. These strategic investments highlight Altor's commitment to sectors that support and enhance the poultry industry, positioning them as a notable player in this field.

4. Munters

• Website: munters.com
• Type: Corporate
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 1955
• Headcount: 1001-5000
• Number of deals in 2024: 4
• LinkedIn: munters

Munters is a climate control solutions provider based in Stockholm, Sweden, specializing in energy-efficient products for industrial and agricultural applications. Founded in 1955, the company offers a range of products including dehumidifiers, air cleaning systems, and cooling solutions. Munters serves various sectors, including food agriculture, where precise climate control is essential for enhancing productivity and sustainability. The company has made significant strides in the poultry farming sector through strategic acquisitions. In 2017, Munters acquired MTech Systems, a company that specializes in software systems for poultry and swine production, aiming to integrate advanced data analytics with their climate control solutions. In 2015, they acquired Reventa, a German company focused on climate control systems for livestock buildings, which strengthens their position in the livestock sector, including poultry. Furthermore, their recent acquisition of Hotraco, a developer of control systems and sensors for agriculture, aligns with their strategy to enhance their FoodTech portfolio, which is relevant to poultry farming. These transactions underscore Munters' commitment to providing innovative solutions that support the poultry industry.

5. Marel

• Website: marel.com
• Type: Corporate
• Headquarters: Garðabær, Garðabær, Iceland
• Founded year: 1983
• Headcount: 5001-10000
• LinkedIn: marel

Marel is a corporate investor based in Garðabær, Iceland, specializing in food processing equipment. Founded in 1983, the company has grown to employ between 5,001 and 10,000 people. Marel provides advanced solutions for various sectors, including poultry, meat, fish, and prepared foods. Notably, Marel has made strategic acquisitions to bolster its position in the poultry industry, including the acquisition of Poultry Machinery Joosten B.V. (PMJ) in January 2021. This acquisition allows Marel to enhance its processing capabilities specifically for the duck segment, demonstrating its commitment to the poultry sector. Marel's focus on automation and innovative technology in food processing further supports its relevance in the poultry farming industry.

6. Polaris Private Equity

• Website: polarisequity.dk
• Type: Private Equity
• Headquarters: Copenhagen, Denmark
• Founded year: 1998
• Headcount: 51-200
• Number of deals in 2024: 4
• LinkedIn: polaris-private-equity

Polaris Private Equity is a private equity firm based in Copenhagen, Denmark, founded in 1998. The firm specializes in investment management, focusing on supporting mid-sized companies in the Nordic region through tailored investment strategies that include private equity, flexible capital, and public equity. Polaris partners with management teams to drive growth and operational improvements, helping these companies realize their full potential. Notably, Polaris has been involved in significant transactions such as the acquisition of HAMLET PROTEIN on November 6, 2007, which specializes in feed solutions for young animals, including poultry. Additionally, they acquired Novadan on January 1, 2000, which, while not directly related to poultry, showcases their active investment strategy in the animal nutrition sector. These transactions highlight Polaris's engagement in industries that support poultry farming indirectly.

7. Lantmännen

• Website: lantmannen.com
• Type: Corporate
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 2001
• Headcount: 10001+
• Number of deals in 2024: 3
• LinkedIn: lantmannen

Lantmännen is a prominent agricultural cooperative based in Stockholm, Sweden, founded in 2001. With over 10,000 employees, it plays a significant role in the agricultural landscape by providing farmers with essential inputs and services, and producing a variety of food products. Lantmännen is committed to sustainable practices throughout its operations. In 2024, Lantmännen made a notable acquisition of HKFoods, which may enhance its capabilities in the food production sector, potentially including poultry products. Additionally, their previous acquisition of a majority stake in the Spira Group indicates a strategic focus on expanding their agricultural and food production portfolio, which could encompass poultry farming activities.

8. Novax

• Website: novax.se
• Type: Venture Capital
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 1999
• Headcount: 11-50
• Number of deals in 2024: 3
• LinkedIn: novax-ab

Novax is a Stockholm-based venture capital firm founded in 1999, specializing in supporting and developing small and medium-sized growth companies across diverse sectors, including health, technical security, sustainable food, and digital retail infrastructure. In 2025, Novax participated in a Series A funding round for Gårdsfisk, which raised approximately $4.99 million, indicating their commitment to the poultry farming sector. Additionally, they were involved in a significant financing round for Prolupin, a plant-based protein company, showcasing their interest in sustainable food solutions. Novax provides investment, advisory services, and fosters a collaborative ecosystem to enhance the growth potential of their portfolio companies, which includes a focus on innovative and sustainable practices in food production.

Poultry Farming Insights: Key Investors in the Nordics

Investor	Headquarter	Size	Founded	Deals 2024
Almi	Stockholm, Stockholm, Sweden	201-500	1994	7
Finnfund	Helsinki, Uusimaa, Finland	51-200	1980	7
Altor Equity Partners	Stockholm, Stockholm, Sweden	51-200	2003	6
Munters	Stockholm, Stockholm, Sweden	1001-5000	1955	4
Marel	Garðabær, Garðabær, Iceland	5001-10000	1983	0
Polaris Private Equity	Copenhagen, Denmark	51-200	1998	4
Lantmännen	Stockholm, Stockholm, Sweden	10001+	2001	3
Novax	Stockholm, Stockholm, Sweden	11-50	1999	3

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