Commonwealth Capital in cold chain JV with Japanese F&B distribution giant
Tie-up to provide supply chain solutions to food retailers, food services firms in Singapore and region; taps Kokubu's experience in running 279 food logistics centres in Japan
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Janice Heng
Singapore
INVESTMENT firm Commonwealth Capital - whose food and beverage (F&B) portfolio includes brands such as Pastamania, Swissbake and The Soup Spoon - is teaming up with a Japanese F&B distribution giant for a cold chain logistics joint venture focusing on South-east Asia.
Along with its wholly owned unit Commonwealth Food Services, it has formed joint venture company Commonwealth Kokubu Logistics (CKL) with Japan's Kokubu Group.
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