
Standard Chartered PE backs garlic-themed restaurant in Korea
Standard Chartered Private Equity (SCPE) has led a $48 million joint investment in Mad for Garlic, a Korea-based Italian restaurant chain that has expanded into Southeast Asia.
The size of SCPE's stake in the company was not disclosed. Mad for Garlic was founded in 2011 by Sun At Food, a leading multi-brand dining service provider in Korea. It operates as an Italian wine bistro...
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