Home-grown salad store chain SaladStop! has raised $5 million from private equity firms Hera Capital and DSG Consumer Partners as it forges ahead with expansion plans.
The funds – to be deployed over the next few years – will go towards growing the company’s operations in Singapore and into new markets: Indonesia, Hong Kong and Japan, said SaladStop! managing director Adrien Desbaillets. The investor firms, in turn, will take up an undisclosed minority stake in SaladStop!
Read the article on The Straits Times portal.