SAMBAZON Acquires Pitaya Foods, Building Organic Superfruits Platform
India, Nov. 13 -- SAMBAZON, an Acai brand in the U.S., has acquired Pitaya Foods, bringing together two founder-led companies with a shared mission: fruit that is good for the people who eat it and the places that grow it. The acquisition expands SAMBAZON's retail distribution by 20 per cent, now reaching nearly 70 per cent of grocery stores in the U.S. With Pitaya, the combined company expects to reach 45 per cent annualized revenue growth over the next 12 months.
SAMBAZON's 26 years of Acai experience, direct relationships with Amazon harvesting communities and sourcing infrastructure pair seamlessly with Pitaya Foods' dragon fruit expertise and tropical fruit portfolio. Together, the companies form a broader tropical superfruits platf...
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