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US fund acquires stake in Vietnamese organic groceries chain

Besides buying in to become a strategic shareholder, SWOF also provides financial resource and corporate governance, and helps Organica to increase transparency in financial administration, improve staff and strengthen infrastructure investment, supply, and farms.

Organica started its business with an organic food store in Nguyen Dinh Chieu Street in Ho Chi Minh City in 2013. Up to now, the company has opened five organic stores in the city, Ha Noi and Da Nang. It has ten farms with total area of around 300 hectares which have received organic certificate. Organica is also the partner of well-known organic brands from the US, the EU, South Korea, Australia and Malaysia.

SEAF is a US global fund management company which has offices in 29 countries and specializes in investing in small and medium size businesses with high growth potential in emerging markets.

In Vietnam, SEAF manages two funds and invests in more than 20 businesses in various fields. SWOF – the newly established fund of SEAF – mainly invests in women-led businesses which have activities and positive impacts on the society, community and the environment.

By Cong Phien – Translated by Thuy Doan