Acquisition to cover majority of countries
Minor International Plc (Mint), an operator in the hospitality, restaurant and lifestyle sector, on Tuesday announced it would acquire a 100% stake in Singco Trading Pte, the intellectual property holder of the restaurant brand Sizzler, except in the US, Guatemala and Puerto Rico.
The acquisition is valued at 546 million baht (S$21 million).
Dillip Rajakarier, group chief executive of Minor, said the strategic move marks a milestone in Minor’s ambitious growth plans worldwide and reinforces its position as an industry…
