25 Jun Serbia Impact Fund Invests in Organic Health Food Retailer Bio Spajz
Belgrade, Serbia (June 2018)
The SEAF Serbia Impact Fund has completed an investment in Bio Spajz (www.biospajz.rs), the leading retailer and wholesaler of premium health and organic food products in Belgrade, Serbia. Bio Spajz operates four retail stores in Belgrade, an online marketplace, and wholesale distribution operations, providing significant channels to market their in-house line of premium organic products, from organic fruits and seeds to organic cereals and healthy spreads.
The investment funds will be used to catalyze growth through retail expansion and upgrades to current facilities. In addition, the Company will work with SEAF portfolio company Gomex, the leading supermarket chain in Serbia, to increase Bio Spajz’ presence and reach in the market.
Bio Spajz is the third portfolio company of the SEAF Serbia Impact Fund. The Fund is led by Managing Director Nikola Stefanovic
About Bio Spajz
Bio Špajz d.o.o., established in 2001, is the leading value-added retailer and wholesaler of premium health foods and organic products in the Serbian market. The Company was founded by Mrs. Nada Mišković, a leading authority in the organic and health food industry in Serbia. Mrs. Mišković’s extensive experience in the industry goes back to 1986, when she opened the first health food store in the former Yugoslavia. The Company markets over 1,400 health food and organic products under its own brand name “Bio Špajz”, and retails products in the Company’s four retails stores in Belgrade, as well as in the health food sections of the largest supermarkets. www.biospajz.rs
SEAF is a global impact private equity manager achieving meaningful and measurable developmental impact results and positive financial returns by providing entrepreneurs in emerging markets with the capital, knowledge, and networks they need to grow their businesses. Since 1989, SEAF has invested in more than 380 companies in 27 countries. For more about SEAF, see www.seaf.com.
For more information on SEAF, please contact Robert Vodicka at +1 202-567-2499 or firstname.lastname@example.org.