ABN AMRO Sustainable Impact Fund acquired 17.65% of the company to further support the ambition of Think Better Group to grow its platform of sustainable consumer brands.
Think Better Group is a leading platform for sustainable brands headquartered in the United Kingdom that challenges the status quo in the consumer goods industry. The company has global operations across eight portfolio brands in the care, lifestyle and drinks sectors: Colonna Coffee, Brewed-by-Hand, Best Coffee, Peak Water, Ecoriginals, Econaps, Project Blank and Stockshare.
Think Better Group strives to provide consumers with alternatives to single-use plastic products within the consumer industry by prioritising the use of plant-based materials. The total portfolio of Think Better Group’s consumer brands currently eliminates 760 tonnes of plastic per year, the equivalent 38 million single-use plastic bottles.
The company offers a unique e-commerce and retail platform with the ability to build and scale sustainable consumer brands. The investment of ABN AMRO Sustainable Impact Fund will see Think Better Group scale up its investment in its existing portfolio of brands and further acquisitions of additional sustainable brands to complement this portfolio.
“Think Better Group’s focus has always been to build out a global leading portfolio of sustainable brands and with the ABN AMRO Sustainable Impact Fund investment we can actively grow this portfolio, further expanding on our existing presence in Europe, Australasia and North America. We welcome likeminded brands to reach out to partner with us.” Heath Jansen, CEO and founder, Think Better Group.
ABN AMRO Sustainable Impact Fund invests in impact driven companies that pursue both sustainable and financial returns. The fund invests through direct equity investments in key transition sectors and is funded and managed exclusively by ABN AMRO Bank. The mission of ABN AMRO Sustainable Impact Fund is to contribute to accelerating the transition in the energy, circular and social impact pillars.
“We are excited to invest in Think Better Group who are looking to address sustainable issues within the consumer goods industry on a global scale. The company is transparent, accountable and works with responsible partners throughout their value chain to create circular solutions and minimise waste. With its contribution to circular solutions and the positive impact on society, it is a good fit for ABN AMRO’s sustainability strategy. It is a pleasure to partner with likeminded entrepreneurs and to support the company with its sustainable and ambitious journey,” Maarten Blomme, Managing Director, ABN AMRO Sustainable Impact Fund.
To learn more about Think Better Group, click on the following link: Think Better Group
To learn more about the ABN AMRO Sustainable Impact Fund, click on the following link: ABN AMRO Sustainable Impact Fund
