Kale United – a Swedish company making impact investments in “pioneering” plant-based businesses – has acquired over 95% of Swedish vegan ice cream company Lily & Hanna’s.

Lily & Hanna’s range of ice cream is fully vegan, organic and natural. Its products are available at retailers in Sweden and come in several flavours including Cookie Caramel Euphoria, Happy Strawberry & ‘Cheese’cake, Divine Salted Mocha Caramel, Dark Chocolate Decadence and more.

Kale United’s CEO, Måns Ullerstam, said: “Lily & Hanna’s amazing products are a perfect fit for Kale United’s concept. This acquisition is part of an upscale in our production and distribution of plant-based brands through Kale Foods and increases group turnover by 60%. It also increases the value of Kale United’s portfolio by more than 10%.”

Following the acquisition, Lily & Hanna’s is launching a new vegan ice cream range. According to the company, its production “has been consolidated into one factory to improve the quality of the ice cream as well as the operations’ margins”.

Hanna Reimers, product developer at Lily & Hanna’s, commented: “Our focus has been to improve the consistency of the ice cream for an extra creamy and delicious feel while keeping the ingredients natural, vegan and ecological. This has resulted in top-notch ice cream with exciting contrasts in texture and taste and with ingredients such as gluten-free cookies and luxurious sauces.”

#LilyampHannas #Sweden