Meanwhile, Mitsui will potentially harness Sats’ culinary, food technology, innovation and production capabilities to provide value-added services to its customers.
Sats Ltd (SGX:S58
) and Mitsui have signed a multi-year memorandum of understanding (MoU), forming a strategic alliance to jointly explore harnessing their respective strengths in growing their businesses.
Under the MoU, Sats will seek the opportunities to tap into Mitsui’s extensive distribution network and supply sources to grow demand for its products and services, as well as to diversify its supply chain.
