Headland to help accelerate the growth of Mamee Double-Decker
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Kuala Lumpur (PRWEB) February 07, 2013
The founding Pang Family (the Family) of Mamee-Double Decker Berhad (Mamee or the Company) announces that it has entered into a partnership with The Headland Private Equity Fund 6 L.P., a regional Asian private equity fund advised by Headland Capital Partners Limited (Headland). Mamee is one of the largest domestic food and beverage manufacturers in Malaysia with market leading positions in the snacks and instant noodles market.
The partnership allows the Family to tap on Headlands expertise in an effort to further strengthen its domestic business as well as grow into a leading regional player. The business to date has predominantly been a family-run business, and the Family is keen to secure a partner to help accelerate its growth. As part of the partnership, Headland has invested for a minority stake in Mamee. The Family sees value in: