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Koufu acquires group of food manufacturing companies for $22 mil

Samantha Chiew
Samantha Chiew • 3 min read
Koufu acquires group of food manufacturing companies for $22 mil
Koufu acquires group of F&B manufacturing companies for $22 mil
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SINGAPORE (July 1): Food court operator Koufu today said that its wholly-owned subsidiary Koufu Pte Ltd is acquiring four food manufacturing companies for a total consideration of $22.04 million from individuals Alex Ong, Irene Lee and Doreen Ong.

The four companies are Deli Asia, Delisnacks, Dough Culture and Dough Heritage (collectively the target group).

The target group is one of Singapore’s largest and most established manufacturer and producer of fried food and dough products, supplying frozen and partial fried food products to third party businesses, namely, food & beverage (F&B) operators, restaurants and F&B stalls at food courts, coffee shops and hawker centres.

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