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.
CKL will provide end-to-end supply chain solutions to food retailers...