ICO Group (01460) said it agreed to acquire the entire issued share capital of Catering Automation Limited at HK$60 million.
The target indirectly holds 40% stake in PointSoft Limited, which is principally engaged in the businesses of developing, promoting, selling and offering turn-key point-of-sale solutions for a variety of food and beverage establishments, ranging from table service restaurants, cafes, quick service and fast food chains, foodcourts, and home delivery services in Hong Kong. PointSoft is now carrying on the point-of-sale business in a going concern and most of its clients are the first tier operators in the field of food and beverage, and are operating large scale chain restaurants.
21/06/2018 10:56
ICO Group to buy stake in restaurants biz solutions firm
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