Newsroom

Greenfood AB (publ) (“Greenfood”, or the “Issuer”) has instructed Nordic Trustee & Agency AB (publ) (the “Agent”) to initiate a procedure in writing (the “Written Procedure”) to seek noteholders’ approval to amend the terms and conditions of its SEK 1,300,000,000 Senior Secured Sustainability-Linked Floating Rate Notes due November 2028 with ISIN SE0023112222 (the “Notes”).

Greenfood maintained its strong momentum in the third quarter. Picadeli once again led growth, with net sales up 11.0 percent, while Food Solutions continued to gain traction, particularly in Denmark. During the period, Picadeli surpassed 300 salad bars in Finland, making it one of the country’s largest fast-food chains by number of outlets, and signed a new three-year contract with TotalEnergies, one of Europe’s leading service and fuel station operators.

Demand for healthy food on the go continues to rise. Picadeli is now taking the next step in France by winning a new three-year contract with TotalEnergies, one of and Europe’s largest operators of service and fuel stations along motorways.

With demand for healthy fast food at an all-time high, Picadeli is celebrating a major milestone: more than 300 salad bars are now open across Finland! This achievement makes Picadeli one of the country’s largest fast-food chains by number of outlets.

At Axfood’s supplier meeting on September 4, 2025, Picadeli was awarded the prestigious title of Supplier of the Year. The award is Axfood’s way of recognizing and encouraging trusted collaborations that successfully make a difference.

Greenfood delivered another strong quarter. Adjusted EBITDA rose by 16.1 percent, driven by enhanced profitability in all business units. This performance underscores the strength of Greenfood’s main growth engine, a healthy and convenient food-to-go concept.

Greenfood today announces that Fidelio is increasing its ownership in the group. Fidelio, which has been a long-standing minority shareholder for almost 15 years, now becomes the majority owner. The transaction marks the culmination of a productive partnership with Nordic Capital and paves the way for Greenfood’s accelerated international expansion together with Fidelio.

At this year’s SACC Executive Forum in Washington, Picadeli and Greenfood CEO David von Laskowski participated in a fireside chat with Asmeret Berhe-Lumax from One Love Community Fridge. The conversation focused on a shared mission: making healthy food both accessible and affordable for everyone.

Concepts where customers compose their own mix in-store are both a convenient solution for consumers and a profitable business strategy. The trend report Greenfood Insights #4 highlights how companies that succeed in creating an individualized shopping experience can increase their revenues by as much as 40 percent. –Self-service concepts are a way to future-proof retail, says David von Laskowski, CEO of Picadeli and Greenfood Group.

Kaisa Väistö-Nurminen has been appointed as the new Managing Director of Picadeli Finland. She will take up the position on June 1, 2025. Kaisa succeeds Nina Westerberg, who has successfully led both Picadeli Finland and Salico Oy, two companies within the Greenfood Group. Nina will now fully focus on her role as Managing Director of Salico Oy.

Greenfood started 2025 on a strong note, with profitable growth across the board. Group net sales rose 7.3 percent, led by Picadeli and Food Solutions. Picadeli continued to serve as the Group’s primary growth engine, demonstrating both the strength of its concept and its scalability across markets.