Swensen's parent firm to acquire catering group

Singapore

ABR Holdings, the food and beverage (F&B) company that owns Swensen's in Singapore, on Wednesday announced its proposed acquisition of catering group Chilli Padi.

ABR said: "The board believes the proposed acquisition will enhance the F&B selections within the group's portfolio and bring in an established brand into the group's business, as well as expand its revenue base."