Balai Ni Fruitas acquires Sugarhouse
MANILA, Philippines — Bakery chain Balai Ni Fruitas Inc. has acquired legacy brand Sugarhouse, allowing the company of businessman Lester Yu to diversify its product offerings to include cakes. In a stock exchange filing on Thursday, Balai, which operates Balai Pandesal, said the acquisition included other assets, such as intellectual property, “technical know-how,” delivery, commissary,
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