Armada Mezzanine Fund III has provided mezzanine financing in support of Valedo Partners Fund II AB’s acquisition of Joe & the Juice Holding A/S (“J&TJ” or the “Company”).
J&TJ (www.joejuice.com) was founded in 2002 and is a chain of juice bars with a unique concept of healthy fast food. The Company has experienced significant growth in recent years and is currently operating c.50 bars in Denmark, UK, Norway, Sweden, Germany and Iceland.
“It is an interesting opportunity for us to take part in this transaction and we have great confidence in both management and the Valedo team. The investment will fit well in our portfolio given the company’s strong market position in its home market and attractive growth prospects combined with a very efficient operational setup. We believe the market for F&B convenience is growing and J&TJ is well positioned with its unique offering for further growth”, says Jan Wiklund, Partner of Armada Mezzanine.
For more information, please contact:
Jan Wiklund tel. +46 70 551 4054 or Johan Svensson +46 70 360 6553 at Armada Mezzanine Capital Oy, Stockholm branch.