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  6. The Ambr Group Acquires Suma Brands

M&A Deal Summary

The Ambr Group Acquires Suma Brands

On May 23, 2023, The Ambr Group acquired e-commerce company Suma Brands

Acquisition Highlights
  • This is The Ambr Group’s 1st transaction in the E-Commerce sector.
  • This is The Ambr Group’s 1st transaction in the United States.
  • This is The Ambr Group’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2023-05-23
Target Suma Brands
Sector E-Commerce
Buyer(s) The Ambr Group
Deal Type Merger

Target

Suma Brands

Minneapolis, Minnesota, United States
Suma Brands is an e-commerce platform focused on acquiring and developing marketplace businesses. The Company buys Amazon FBA businesses and applies enterprise-level operating resources to scale them in their native channels and extend them into new ones. Suma Brands was formed in 2020 and is based in Minneapolis, Minnesota.

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Buyer(S) 1

Buyer

The Ambr Group

New York, New York, United States
Category Company
Sector E-Commerce
DESCRIPTION

The Ambr Group is a collection of e-commerce companies focused on consumer products sold principally through Amazon.com. The Ambr Group is based in New York, New York.

DEAL STATS #
Overall 1 of 1
Sector: E-Commerce M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
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