Oregon Chai Inc.

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Oregon Chai Inc. - overview

Established

1994

Location

Portland, OR, US

Primary Industry

Consumer Products

About

Oregon Chai Inc. is a company specializing in authentic chai tea products, offering liquid concentrates and powdered mixes that cater to both consumers and commercial establishments, providing a diverse range of flavors tailored to modern beverage preferences. Founded in 1994 and headquartered in Portland, US, Oregon Chai Inc. focuses on creating chai tea products.


In March 2004, the company was acquired by Kerry Group from Sherbrooke Capital and Swander Pace Capital. Specific details regarding the founder's history are not available. Oregon Chai specializes in a range of chai tea products, primarily focusing on liquid concentrates and powdered mixes designed for both individual consumers and commercial establishments. Their core offerings include the Original Chai Tea Latte, Original Iced Chai, and a variety of flavored chai options such as Iced Spiced Caramel and Super Concentrates.


These products aim to deliver authentic chai experiences with a blend of simple yet rich ingredients, catering to both traditional tastes and modern beverage trends. The company serves a diverse customer base that includes coffee shops, restaurants, and retailers, primarily within the United States, but their products are also available in select international markets, expanding their reach to chai enthusiasts globally. Each product is crafted to provide an easy and enjoyable way for consumers to engage with chai, whether served hot, iced, or blended. Oregon Chai generates revenue through direct sales and partnerships with retailers and foodservice providers, facilitating the distribution of their chai products across multiple channels.


The company's transaction structure is built around B2B relationships with coffee shops and restaurants, as well as direct-to-consumer sales through retail outlets. Their flagship products, like the Original Chai Tea Latte, are offered in various formats, including liquid concentrates and single-serve options, appealing to both individual consumers and larger establishments. The pricing strategy accommodates a range of buyers, ensuring that both retail and wholesale partners can access their products effectively. Oregon Chai's revenue model is supported by the popularity of their unique chai offerings, which combine traditional flavors with modern convenience.


Oregon Chai's growth strategy includes plans to introduce new flavored chai products, enhancing their portfolio aimed at both retail and foodservice segments. The company is also targeting expansion into international markets, particularly in Europe and Asia, by 2025. The acquisition by Kerry Group is anticipated to facilitate these initiatives, leveraging their resources to support the development and distribution of new offerings.


Primary Industry

Consumer Products

Sub Industries

Non-Alcoholic Beverages

Website

www.oregonchai.com

Verticals

Manufacturing

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Oregon Chai Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedOregon Chai Inc.-
Secondary BuyoutCompletedOregon Chai Inc.-
GrowthCompletedOregon Chai Inc.-

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