US private-equity firm NextWorld Evergreen has invested US$45m in Sambazon, assuming a minority position in the Californian firm but becoming its largest single shareholder.
As part of the transaction, David Fife, a partner at NextWorld, will be joining the Sambazon board of directors. He said: “Sambazon is a market leader built around a deep sense of purpose, innovative açai products, a large addressable global market and a long-term commitment to leveraging their strong growth in the CPG marketplace to build a larger omnichannel brand.”
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Founded in 2000, Sambazon sells products into US natural, conventional grocery and club stores, as well into foodservice. The company also exports to more than 40 countries.
Sambazon said it grew sales by over 20% “in the past year”, without providing specific figures
Its product range includes ready-to-eat açaí bowls, sorbet, and frozen desserts and energy drinks.
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