Fruitas buys 2 new food brands

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Photo from: Fruitas FB page

By: Inquirer.net

Newly-listed food and beverage kiosk operator Fruitas Holdings Inc. has signed a deal to acquire two new food brands: The Tofu Store and Filipino cuisine stall operator Kuxina.

Fruitas president and chief executive officer Lester Yu said they will further strengthen our existing brands and seamlessly integrate our latest acquisitions, broadening offerings to include both traditional and contemporary Filipino food and drinks.

Fruitas acquired 100 percent of the outstanding shares of SoyKingdom Inc., the privately-held corporation carrying The Tofu Store brand and specializing in soybean-related products.

The acquisition of Kuxina, on the other hand, was made through Fruitas’ subsidiary, Negril Trading Inc., operator of De Original Jamaican Pattie Shop and Juice Bar.

 

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