BreadTalk Group Limited has been acquired by BTG Holding Company Pte. Ltd.
March 2020 — BreadTalk Group Limited has been sold to BTG Holding Company Pte. Ltd.
BreadTalk Group is a multinational food and beverage corporation. The Group was founded as a bakery brand in Singapore in 2000 and was listed on the SGX in 2003. It has since expanded across 17 markets. With a global staff strength of 8,000 employees, the Group operates more than 850 bakeries, more than 25 Din Tai Fung restaurants in Singapore, Thailand and the UK, as well as more than 50 award-winning Food Republic food atriums.
Our role in the transaction
Oaklins’ team in Singapore acted as financial advisor to the independent directors of BreadTalk Group Limited in respect of the voluntary conditional cash offer by United Overseas Bank Limited, for and on behalf of BTG Holding Company Pte. Ltd., to acquire all the issued ordinary shares in the capital of BreadTalk Group Limited other than those already owned, controlled or agreed to be acquired by BTG Holding Company Pte. Ltd.
Talk to the deal team
Related deals
KPS Food Group has joined ForFarmers Polska, a joint venture controlled by ForFarmers N.V.
ForFarmers N.V. has strengthened its position in Poland’s growing poultry market through the establishment of a joint venture with KPS Food Group, a leading poultry producer with operations spanning farming, slaughtering and food processing. ForFarmers’ existing Polish joint venture, Tasomix, and KPS’s operations have been combined to form ForFarmers Polska, which has an enterprise value of approximately US$585 million. ForFarmers holds a controlling 50.5% stake and will fully consolidate the joint venture. The founders of KPS and Tasomix remain minority shareholders.
Learn moreTandem has completed a voluntary public tender offer for the shares of Compagnia dei Caraibi
Tandem S.r.l. has completed a voluntary public tender offer for 25.99% of the shares in Compagnia dei Caraibi S.p.A.
Learn moreMalaga Investment has acquired and delisted What’s Cooking?
Malaga Investment SCSp has acquired and delisted What’s Cooking Group N.V./S.A. (What’s Cooking?), providing the group with a stable ownership structure and increased flexibility to execute its strategic growth ambitions, including continued investment in its production footprint, product innovation and selected acquisition opportunities.
Learn more