Jungle Juice Bar from Finland gets major shareholding investment from Vaaka Partners.

Jungle Juice Bar, a Helsinki, Finland juice and smoothie bar chain, announced an undisclosed investment deal with the Finnish private equity company Vaaka Partners. The aim of the transaction is to support Jungle Juice Bar for international growth.

After the transaction, Noora and Petteri Fagerström will continue as significant minority owners, and the private equity fund managed by Vaaka Partners owns the majority of the company.

Jungle Juice Bar, founded in Vantaa in 2011 by Noora and Petteri Fagerström, manages 21 juice bars in total in nine different cities in Finland. In 2016, the company’s revenues were over EUR 5 million, and the company employs more than 140 people.

The aim in 2017 is to significantly grow the number of Jungle Juice Bar’s juice and smoothie bars and open the first bars in Stockholm, Sweden.