US juices-and-shots firm Suja Life readies IPO

Suja Life, the US cold-pressed juices and ‘functional’ shots business, has filed for an IPO.

Set up successful 2012, Suja Life is backed by Paine Schwartz Partners, the private-equity location that acquired the California-based steadfast successful 2021. Another private-equity firm, Meaningful Partners, is simply a smaller shareholder.

The company’s merchandise scope contains 3 brands: Suja Organic juices and shots, Vive Organic shots and Slice “better-for-you” sodas. Suja Life acquired Vive Organic successful 2022 and Slice 2 years later.

In documents filed with the US Securities and Exchange Commission, Suja Life did not disclose the fig of shares to beryllium offered nor astatine what price. Paine Schwartz Partners volition proceed to “control” the concern aft the IPO, the documents read.

Last year, Suja Life made a nett nonaccomplishment of £23.3m, up from $20.8m successful 2024. The institution generated an adjusted EBITDA of $40.5m, which was down 4.1% connected a twelvemonth earlier. Net income accrued 26.1% to $326.6m. Some 78% of income were generated by the Suja Organic brand.

The company’s stockists see Walmart, Kroger, Albertsons, Costco and Whole Foods Market. It pointed to NIQ information that said its products were disposable successful much than 37,000 stores, with 10 items sold per outlet connected average.

Suja Life is finalising its fiscal results for the archetypal 4th of its existent fiscal year, a play that ran to 30 March. The institution estimates it made a nett net of $7-8.8m, versus 1 of $88,000 a twelvemonth earlier. According to these assessments, the concern says its first-quarter nett income volition beryllium $103.8-107.1m. In the archetypal 4th of 2025, Suja Life made nett income of $87.4m.

“The nationalist markets volition supply the resources and accidental to accelerate our innovation agenda, broaden organisation and execute connected strategical acquisitions – positioning america arsenic a definitive person successful better-for-you beverages,” CEO Maria Stipp said.

Stipp joined Suja Life successful 2024 aft astir three-and-a-half years arsenic CEO of Stone Brewing, the US brew shaper owned by Japan’s Sapporo Holdings.

"US juices-and-shots steadfast Suja Life readies IPO" was primitively created and published by Just Drinks, a GlobalData owned brand.

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