The Business Times
business-time-50
RETAIL GROWTH

Ron Sim, Taha Bouqdib to bring TWG Tea, Bacha Coffee under V3 Gourmet Group

Uma Devi

Uma Devi

Published Sun, Oct 24, 2021 · 09:50 PM

    Singapore

    RON Sim, founder of lifestyle products group V3, is joining forces with longtime business partner Taha Bouqdib to set up V3 Gourmet Group. The new venture will invest more than US$100 million for growth, focusing on brands in the food and beverage (F&B) and gourmet retail sectors.

    For a start, it will house TWG Tea and Bacha Coffee. TWG was co-founded by Bouqdib while Bacha is currently partially owned by him. Both brands will continue to operate independently.

    V3 Group

    TRENDING NOW

    From shy teenager to outspoken philanthropist, Chloe Tong has come a long way.

    Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose

    CDL plans to divest S$6 billion of assets and invest S$5 billion over FY2027 to FY2029.

    Brokers maintain ‘buy’ on CDL despite investor reservations over strategic review

    Ang’s San Miguel holds nearly 25% of Luzon’s installed capacity and Lopez’s First Gen accounts for 12%.

    Deal between tycoon friends sparks scrutiny of Philippine power sector

    Tuas Road Viaduct’s phase two will extend the viaduct at its western and eastern ends, and will link Pioneer Road, Tuas South and Tuas Port.

    Hwa Seng Builder, two China companies win S$1.2 billion Tuas Road Viaduct phase two contracts

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More