LONDON: Princes Group, a leading international platform in the United Kingdom and European food and beverage sector, announces that it is considering an initial public offering (IPO). The company is considering applying for admission of its ordinary shares to the equity shares (ESCC) category of the official list of the FCA and to trading…
SINGAPORE: ST Group Food Industries Holdings Ltd. has disposed of three indirect subsidiaries operating under the Gong Cha brand in the United Kingdom, citing ongoing losses and a strategic shift toward franchising and supply chain operations. The disposal, completed through ST Group’s indirect subsidiary GCTea Ltd., transfers ownership of GCTea Outlets Ltd., GCTea Outlets…
Armada Sunset Holdings, the parent company of Armada Supply Chain Solutions, has announced the acquisition of ATEC Systems Ltd, a leading provider of global supply chain solutions for the food and beverage industry. ATEC will operate as a division of Armada, the food and restaurant logistics giant. The acquisition is the result of years…
BASEL, SWITZERLAND: Arxada AG has completed the acquisition of Enviro Tech Chemical Services, effective 22 December 2021. Financial details of the deal have not been disclosed. Enviro Tech Chemical Services is a category-leading manufacturer of proprietary and high-efficacy antimicrobial and biocidal products. The acquisition represents the second strategic deal by Arxada, formerly known as…