GreenSpace Brands Inc. acquired Nothing But Nature Inc., the Canada-based owner of the Kiju juice brand.
"The Kiju acquisition is a perfect fit in our evolving portfolio of brands here at GreenSpace. The acquisition of Kiju gives us another pillar, this time in the growing Canadian organic juice segment, which is a category we've been actively looking to enter," says Matthew von Teichman, chief executive officer of GreenSpace. "Kiju is one of the best known organic brands in Canada, with strong regional distribution and fantastic products. I'm excited to see how our team, in particular our sales, marketing and operations groups, will be able to impact the Kiju business, and we expect this acquisition to be accretive to our consolidated revenue, cash flow and profitability margins."
GreenSpace is a Canada-based brand ideation team that develops, markets and sells premium natural food products to consumers across Canada. GreenSpace owns Rolling Meadow Dairy, among other brands.