Thailand’s Srithai Daily Foods attracts private-equity investment

 Srithai Daily Foods, a Thailand-based creator of seasonings, dressings and sauces market, has gotten an undisclosed venture from private-value firm Navis Capital Partners.

Situated in Bangkok and with a creation office in the focal Thailand territory of Samut Prakarn, Srithai Daily Foods supplies retailers and foodservice channels with "start to finish food sauces", and additionally delivers snacks.

The organization's items are "sought after" from the foodservice business in Southeast Asia and China, where the homegrown "agri-economy is significant expense and experiences food-production network uprightness issues", as per Asia-based Navis Capital, which has workplaces across the district. Thailand, in the interim, is a minimal expense maker.

Srithai Daily Foods has additionally expanded into food-arrangement items, for example, seasoned tea powders and prepared to-cook sauces to eateries and drink chains.

David Ireland, a senior accomplice at Navis Capital, said: "We are dazzled by the advancement of the organization and its capacity to consistently foster new items that assist clients with adjusting to the quick changes in purchaser conduct and new industry patterns. There are numerous likely open doors for the organization to expand further in Thailand and the Asia-Pacific district."

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