ACME acquires Roots Food
Kimiwa Saddat, deputy managing director of Meghna Bank PLC, poses for photographs after signing an acquisition deal with Roots Food & Beverage Ltd in Dhaka recently. Photo: Meghna Bank
ACME Consumer Products Ltd, a concern of ACME Group, signed a deal with Roots Food & Beverage Ltd recently to acquire the latter and expand its operations centring the manufacture of mango juice and packaging of water and spices.
ACME Consumer Products Ltd, a concern of ACME Group, signed a deal with Roots Food & Beverage Ltd recently to acquire the latter and expand its operations centring the manufacture of mango juice and packaging of water and spices.
A unit of Meghna Bank PLC working on structured finance acted as the adviser of the deal.
For all latest news, follow The Daily Star's Google News channel. Kimiwa Saddat, deputy managing director of the bank, was present at the signing ceremony, said the lender in a press release.
"Meghna Bank Structured Finance Unit aims to complete more such innovative structuring in order to facilitate the ever-evolving dynamics of the local corporate segment. Facilitating this deal has added another milestone in our commitment to driving financial excellence and strategic growth," said Saddat.
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