Lantmännen has signed an agreement with Tate & Lyle for the acquisition of an oat ingredients manufacturing facility production facility in Sweden. Lantmännen is a swedish agricultural cooperative and Northern Europe’s leader in agriculture, machinery, bioenergy and food products. Owned by 25,000 Swedish farmers, the company has 10,000 employees. The cooperative is acquiring an oat mill with a capacity of 55,000 t in Kimstad outside Norrköping. This will be the fourth oat mill under the company’s banner, with current facilities currently operating in Norway, Sweden and Denmark.

The acquisition gives Lantmännen opportunities to expand its oats capacity and invest in additional processing of oats, as it looks to increase its focus on specialty ingredients. Oat is a key crop for Swedish agriculture and Lantmännen’s members. There is a big global interest in oat, a crop that offers several important health benefits, and demand for oat products is increasing sharply.