India, May 29 -- Sagtec Global Limited (SAGT), a provider of technological solution for the food and beverage industry, Friday announced that it has agreed to acquire a 40 percent equity interest in Malaya Heritage Holding Limited, a Malaysian food and beverage company.
The financial details of the transaction have not been divulged.
The acquisition is a part of Sagtec's strategy to enable deployment of Sagtec's technology solutions across Malaya Heritage's operations while providing Sagtec with direct exposure to the continued growth of the Malaysian food and beverage sector.
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Further, the tech solution provider, expects $4 million in revenue contributi...