BreadTalk buying over Food Junction for $80 mil from Auric Pacific

PC Lee
PC Lee9/2/2019 7:52 AM GMT+08  • 2 min read
BreadTalk buying over Food Junction for $80 mil from Auric Pacific
SINGAPORE (Sept 2): BreadTalk Group is acquiring the entire issued share capital of Food Junction Management (FJM) for $80 million, subject to further adjustments.
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SINGAPORE (Sept 2): BreadTalk Group is acquiring the entire issued share capital of Food Junction Management (FJM) for $80 million, subject to further adjustments.

A sale and purchase agreement was signed between BreadTalk unit Topwin Investment Holding and seller Food Junction Holdings (FJH) on Friday.

In fact, BreadTalk founder George Quek was one of those who helped start Food Junction back in 1993.

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