Agtira

Agtira is a Swedish controlled-environment agriculture company focused on growing cucumbers in custom greenhouse facilities. Its business model combines farming operations with long-term supply arrangements and local distribution to retail and wholesale customers in Sweden.

— Agtira
%
Cucumber production85% Cultivation and sale of greenhouse-grown cucumbers for retail and wholesale channels.
Farming as a Service15% Operation and leasing of tailored greenhouse facilities for customer supply programs.

Agtira sells primarily to food retail chains, large grocery stores, and wholesalers that want a steady supply of fresh...

  • Food retail chainsprimary

    Buy cucumbers and other fresh vegetables for daily shelf supply and year-round availability

  • Large grocery storesprimary

    Source locally grown produce for in-store sales and consistent freshness

  • Wholesalerssecondary

    Purchase volume for redistribution into broader retail and foodservice channels

  • Regional and local distributorssecondary

    Use Agtira output to support nearby supply chains and shorter transport routes

Agtira is based in Sweden and operates greenhouse production in several Swedish locations, including Härnösand,...

  • •Sweden is the core operating and sales market
  • •Production sites include Härnösand, Östersund, Haninge, and Kramfors
  • •Local and regional distribution reduces transport distance
  • •Nordic greenhouse production supports year-round supply
  • •Business exposure is concentrated in Swedish grocery channels

Agtira’s strategy centers on scaling controlled-environment cucumber production through modern greenhouse systems and...

01
Scale greenhouse production capacitymedium-term

More output from controlled facilities improves supply reliability and supports larger customer programs.

02
Secure long-term retail and wholesale contractsshort-term

Contracted demand fits the FaaS model and improves visibility for production planning.

03
Improve operating efficiency and site integrationmedium-term

The business depends on consistent yields, logistics, and cost control across multiple locations.

Agtira is exposed to agricultural production risk, including yield variability, plant disease, water availability, and...

high

Crop yield and biological production risk

Revenue depends on successful greenhouse cultivation and consistent harvest volumes.

Scope
Cucumber production
Materiality
high
high

Water and energy cost/availability risk

Controlled-environment farming requires reliable utilities and can be sensitive to input costs.

Scope
Greenhouse operations
Materiality
high
medium

Customer concentration and contract dependency

The business model relies on a limited number of retail and wholesale buyers.

Scope
Food retail chains and wholesalers
Materiality
medium
medium

Fresh produce price volatility

Market prices for cucumbers and vegetables can fluctuate with seasonality and import supply.

Scope
Nordic produce markets
Materiality
medium
medium

Geographic concentration in Sweden

Operational disruption in one market can affect most of the company’s production and sales.

Scope
Sweden
Materiality
high
Seasonality and production timing
Comparability across quarters
Depreciation of greenhouse assets
EBIT and EBITDA bridge
Capitalized development and equipment costs
Asset base and future expense recognition
Goodwill and intangible asset impairment
Potential non-cash write-downs

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: 11/08/2026