Announced
Financials
Tags
Minority
Acquisition
United States
Friendly
Domestic
Food Products
Single Bidder
Pending
meal kit retailer
Private
Synopsis
RJB Partners, an investment firm, agreed to invest $40m in Blue Apron, an American ingredient-and-recipe meal kit company. "Blue Apron's plan is focused on driving growth in a conscious way that speaks to consumers looking for values-aligned products and capitalizing on their brand that is ubiquitous with meal kits and recognized by a majority of Americans. I believe that their commitment to doing right by the planet and their customers through sustainable sourcing, packaging and a goal of net zero status is aligned with consumers and investors alike in driving a great business for the future. Linda and the team at Blue Apron have my continued support as they execute on their strategy," Joseph N. Sanberg, RJB Partners Managing Member.
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