11 stories in this topic
Private equity firm Bain Capital has finalized the purchase of the globally recognized bubble tea franchise, Gong Cha, in a deal worth roughly $635 million USD. This acquisition comes after widespread speculation concerning the future of the well-known…
After operating as a licensee for 36 years, Yum China is poised to acquire full ownership of Pizza Hut in Mainland China. This substantial move was guided by the company’s impressive second-quarter earnings report, which revealed a 13% year-on-year increase…
Fast-fashion digital platform, Shein, is set to acquire Everlane from its predominant owner, L Catterton, in a transaction that estimates the US-based clothing retailer at roughly US$100 million. As part of the agreement, those possessing common stock in…
In an ambitious move towards global expansion, Grab, Southeast Asia’s leading ride-hailing and delivery company, has announced its first venture beyond its home territory. The Singapore-based firm will acquire the Taiwan branch of Delivery Hero’s Foodpanda…
Global luxury travel retailer DFS, which is owned by LVMH and Robert Miller, DFS’ co-founder and shareholder, has revealed they are set to sell their retail business across Greater China to the China Tourism Group (CTG) Duty Free. According to the agreement,…
Joy Group, a multi-brand beauty corporation, has recently publicized its successful acquisition of Foltène, an Italian dermatological haircare brand. Renowned for its science-backed product design and innovation, Foltène utilizes two proprietary active…
Blue Sky Drinks has recently expanded its portfolio by purchasing the assets of Top Shelf International Holdings. These acquisitions include local spirits such as Ned Australian Whisky and Grainshaker, as well as the ready-to-drink (RTD) firm, Gravity Drinks…
V2Food, an Australian alternative meat company that emphasizes plant-based products, has made a significant stride in its worldwide expansion by acquiring Daring Foods, a company based in the United States, and forming a strategic alliance with Ajinomoto, a…
Jack Link’s, the renowned meat snack company, has recently expanded its reach in the Australia and New Zealand (ANZ) region by acquiring Kooee! Snack Foods, a popular meat snack brand based in Tasmania. Effective immediately, the deal incorporates Kooee!,…
Renowned supply chain management firm, Li & Fung, headquartered in Hong Kong, has recently announced the acquisition of Orrsum, a prominent UK-based supplier specializing in hosiery and underwear. The financial details of the deal remain undisclosed at this…
Umall, an Australian e-commerce platform, recently announced its acquisition of Asian Grocer Online (AGO) in a bid to expand its presence in the multicultural grocery sector. Strategic Acquisition This acquisition represents a significant development in…