Dennis Uy to buy Conti's for bigger bite of food business | ABS-CBN
ADVERTISEMENT
Welcome, Kapamilya! We use cookies to improve your browsing experience. Continuing to use this site means you agree to our use of cookies. Tell me more!
Dennis Uy to buy Conti's for bigger bite of food business
Dennis Uy to buy Conti's for bigger bite of food business
ABS-CBN News
Published Sep 10, 2018 11:43 AM PHT
|
Updated Sep 10, 2018 03:43 PM PHT
MANILA -- Udenna Corp said Monday it would acquire 70-percent of the operator of Conti's Bakeshop and Restaurant, expanding its food and hospitality business.
MANILA -- Udenna Corp said Monday it would acquire 70-percent of the operator of Conti's Bakeshop and Restaurant, expanding its food and hospitality business.
The holding firm of Davao-based tycoon Dennis Uy also recently acquired the Philippine operations of Japanese convenience store chain FamilyMart and hospitality school Enderun Colleges.
The holding firm of Davao-based tycoon Dennis Uy also recently acquired the Philippine operations of Japanese convenience store chain FamilyMart and hospitality school Enderun Colleges.
"We are very bullish on the Philippine food industry, which has expanded with the growing demand for convenience," Uy said.
"We are very bullish on the Philippine food industry, which has expanded with the growing demand for convenience," Uy said.
Udenna said it entered into a share purchase agreement with Conti’s Holdings Corp for a controlling stake in the popular chain that is famous for Mango Bravo cake and baked salmon.
Udenna said it entered into a share purchase agreement with Conti’s Holdings Corp for a controlling stake in the popular chain that is famous for Mango Bravo cake and baked salmon.
ADVERTISEMENT
Established in 1997, Conti's has 20 stores in Metro Manila, Udenna said.
Established in 1997, Conti's has 20 stores in Metro Manila, Udenna said.
ADVERTISEMENT
ADVERTISEMENT
