The Green Dairy

Ingka Investments, the investment arm of the IKEA retailer Ingka Group, has acquired a majority stake in the Swedish plant-based manufacturer The Green Dairy for 80 million SEK ($8.6 million). Based in Karlshamn, The Green Dairy is a specialist producer of liquid plant-based dairy alternatives made primarily from oats and fava beans. The company operates as a B2B supplier, providing a portfolio that includes barista-style oat milks, cooking creams, ice …