The strategic partnership between SATS and Mitsui is a significant step towards enhancing the parties’ food value chain footprints across Asia. By leveraging SATS’ food solutions competencies and Mitsui’s extensive network of distribution channels, the partnership seeks to capitalise on potential synergies and value-creation opportunities to drive growth and expansion in food-related businesses. Singapore, 18 July 2024 – SATS Ltd. ("SATS"), a global leader in gateway services and a leading … [Read more...] about SATS partners with Mitsui to grow its food solutions business
SATS
SATS opens its largest innovative food solutions facility in Bengaluru, powering the ready-to-eat food era in India
Built on the pillars of culinary expertise, using proven technologies to produce safe, authentic tasting, high-quality food products at scale Singapore, March 18, 2024: The ready-to-eat (RTE) food industry in India has grown significantly in recent years, owing to changing lifestyles, urbanisation, and rising disposable income. Convenience and time-saving benefits have made RTE meals increasingly popular among busy urban consumers, students, and working professionals. Based on … [Read more...] about SATS opens its largest innovative food solutions facility in Bengaluru, powering the ready-to-eat food era in India
SATS expands in China to capture the ready-to-eat market
According to a report by global market intelligence company Mintel[1], the retail sales of frozen and chilled ready meals in China were expected to reach ¥243.8 billion (approximately US$35.4 billion or S$47.0 billion) in 2022, with an accelerated growth of 12.8 percent from 9.5 percent in 2021. This has led the leading provider of food solutions and gateway services SATS Ltd. ("SATS"), to strengthen its presence in China, with the opening of a 21,553.13m2 central kitchen in Tianjin … [Read more...] about SATS expands in China to capture the ready-to-eat market
