StanChart PE Buys Singapore Baking Supply Shop Phoon HuatBy
Bank’s PE arm buys family-owned maker of ‘Red Man’ pie filling
Deal follows Metro purchase of distributor Classic Fine Foods
Standard Chartered Plc’s private-equity arm has invested in Phoon Huat & Co., the Singapore company that’s been selling baking ingredients such as pie fillings and confectioners’ sugar since 1947.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.