CITIC Capital has acquired a controlling stake in Amoy Food, a Hong Kong-based manufacturer of cooking sauces owned by Japanese food and beverage maker Ajinomoto, for an undisclosed sum.
Ajinomoto will transfer 100% of the shares of Amoy to CITIC Capital Asian Foods Holdings, a joint venture between CITIC Capital China and CITIC Capital Japan, and will take a 15% stake in the JV, according...
Cool Japan has taken a new angle on its cultural investment thesis with Spiber, a biotechnology developer bringing next-generation materials to the apparel industry
Creador has raised $50 million for its fourth Southeast Asia and India-focused private equity fund from the Asian Development Bank (ADB).
Everstone Group has established a partnership with Singapore-based warehouse operator GLP to invest $500 million in India’s logistics ecosystem.
Accel Partners and Qualcomm Ventures have joined an INR2.5 billion ($35 million) funding round for Indian agriculture industry platform operator Ninjacart.