Announced
Completed
Synopsis
AIGF Advisors, a private equity firm completed the investment in Berjaya, a Malaysian manufacturer and exporter of commercial foodservice equipment and refrigerators. Financial terms were not disclosed. “Berjaya CKE has built its highly-reputed Berjaya brand over the years by focusing on the quality and extent of its product and service offering. We are now seeing an increasingly competitive F&B landscape, with evolving and more demanding customer requirements. We are confident Berjaya CKE is ideally positioned to grow and thrive in this landscape and we are very excited and deeply honoured to be partnering with Kok Fai and his team to further build upon the foundations that the company has laid over the years, to introduce more innovative solutions to its clients and take the Berjaya brand to greater heights,” Daniel Yong, AIGF Partner.
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