JAMBA acquired by GO TO FOODS

Focus Brands completed its acquisition of Jamba in September 2018 following a tender offer for all outstanding shares. The deal was initially announced in August 2018 and closed after a majority of Jamba shares were tendered, with the remaining shares acquired through merger under Delaware law. Jamba became a wholly owned subsidiary of Focus Brands and continued to operate as an independent brand within the group. The strategic logic was to add a premium beverage and lifestyle concept to Focus Brands' portfolio and strengthen its position across snack and restaurant occasions. Jamba brought a recognized smoothie and juice platform with strong franchise operators, a health-oriented menu, and more than 800 locations worldwide. For Focus, the acquisition expanded its reach beyond baked goods and sandwiches into the fast-growing beverage and wellness category, while also creating cross-brand opportunities with its existing franchise base. The transaction aligned with Focus' broader strategy of assembling a family of consumer brands that could benefit from shared capabilities in marketing, franchise support, and capital allocation.