PastaMania bulks up to be big food group
It plans to integrate warehouse, logistics and manufacturing in a S$70m building
[SINGAPORE] It may have kept a low profile over the past couple of years but the company behind PastaMania has been quietly cooking up a recipe to transform itself into a food conglomerate, with a series of aggressive acquisitions in recent years.
By end-2015, the group will mark a milestone as it moves its operations, which are now spread across the island, to a spanking new S$70 million building located in Buroh Lane.
Andrew Kwan, the group managing director of Singapore-owned investment holding company Commonwealth Capital Pte Ltd, said in an interview with The Business Times that the firm has been expanding its food business to include food and beverage retail concepts, warehouse and logistics services, as well as manufacturing businesses, so as to whisk together an end-to-end business model.
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