» Today: 21/03/2019
American investment fund poured capital into Vietnamese organic food company
This is the first time, SEAF, a US investment fund, invests in a specialized company in organic food trading in Vietnam.

The Seaf Women’s Opportunity Fund (SWOF, a SEAF-managed investment fund) in the US that has officially poured capital into Vietnam Organic Joint Stock Company (Organica).

Accordingly, SWOF invests in this company in the form of buying a 30% stock to become a strategic investor. No disclosure of investment value, however, Mrs. Jennifer Buckley, SEAF's senior managing director said, will support the company in operation, distribution and network expansion.

Besides being a strategic shareholder, this fund will give Organica a long-term loan within 5 years so that the company has sufficient resources for business expansion in the future.

Mrs. Pham Phuong Thao, CEO of Organica, said that the company had received many offers from different partners previously. However, at that time she was not ready and after two years of constant understanding, the company realized that it was necessary to have external cooperation to bring organic foods to the Vietnamese more and faster, so SWOF is strategic partner.

Organica is an organic food store chain system established in 2013 with the first store in District 3, 20 m2 wide and now has 5 stores in Ho Chi Minh City, Hanoi and Da Nang. Currently, the company has 10 self-developed farms and links with farmers in Dak Nong, Binh Duong and Binh Phuoc and etc with an area of ​​300 ha. Most of these farms have organic certification from European organizations, others are in the stage of transition.

SEAF is a US fund management company specializing in private stock investments in emerging markets. So far the company has invested in 400 companies in 29 countries. In Vietnam, this fund is managing 2 investment funds and pouring capital into 20 companies operating in many different industries.

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