DKSH Management Ltd.: DKSH Consumer Goods Expands its Food Service Segment by Acquiring Zircon-Swis Fine Foods Pte Ltd in Singapore

DKSH Management Ltd. / Key word(s): Takeover
DKSH Consumer Goods Expands its Food Service Segment by Acquiring Zircon-Swis Fine Foods Pte Ltd in Singapore

23.04.2025 / 07:00 CET/CEST

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Media release

DKSH has signed an agreement to acquire Zircon-Swis Fine Foods Pte Ltd ("Zircon-Swis"), a well-established food service distributor in Singapore. With this move, DKSH further expands its food service business with additional cross-selling and scale-up potential in Asia Pacific.

Zurich, Switzerland, April 23, 2025 - With Zircon-Swis, DKSH secures an established food service provider in Singapore with more than 20 years of experience. The transaction fully aligns with the strategy of its Business Unit Consumer Goods to expand in secondary growth engines like the food service segment.

Zircon-Swis is a food service distributor in Singapore, sourcing premium ingredients and ensuring a stable flow of high-quality products to the HORECA channel (airline caterers, hotels, restaurants, catering, etc.). The company generates net sales of around CHF 8 million¹ with attractive margins. DKSH will acquire the entire business and fully integrate the company into its operations. The existing management team and employees will join DKSH and will be part of the Business Unit Consumer Goods.

Stephanie Yeo, Managing Director at Zircon-Swis, said: "Joining DKSH allows us to take our strong local foundation to the next level. With our focus on reliable sourcing and high-quality products, we are well positioned to grow within DKSH's network and further support Singapore's food service industry."

Chris Ritchie, Head Business Unit Consumer Goods at DKSH, mentioned: "This acquisition represents an important step in growing DKSH's presence in Singapore's dynamic food service market. With its strong network, focus on quality, and deep customer relationships, Zircon-Swis is an excellent fit for us. We look forward to jointly delivering long-term value and further expanding our capabilities in the region."

The closing of the transaction is expected during the second quarter and is subject to certain conditions.


¹ Exchange rate Singapore dollar / Swiss franc: 1.49

About DKSH
For 160 years, DKSH has been delivering growth for companies in Asia and beyond across its Business Units Healthcare, Consumer Goods, Performance Materials, and Technology. As a leading Market Expansion Services provider, DKSH offers sourcing, market insights, marketing and sales, eCommerce, distribution and logistics as well as after-sales services, following its purpose of enriching people's lives. DKSH is a participant of the United Nations Global Compact and adheres to its principles-based approach to responsible business. Listed on the SIX Swiss Exchange, DKSH operates in 36 markets with 28,060 specialists, generating net sales of CHF 11.1 billion in 2024. DKSH Business Unit Consumer Goods focuses on fast moving consumer goods, food services, luxury and lifestyle products as well as hair and skin cosmetics. With 14,250 specialists, the Business Unit generated net sales of CHF 3.4 billion in 2024. www.dksh.com/cg

For more information please contact:

DKSH Holding Ltd.

Till Leisner
Head, Group Investor & Media Relations
Phone [phone]
[e-mail]

Melanie Grüter
Manager Group Media Relations
Phone [phone]
[e-mail]

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End of Media Release

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Language:	English
Company:	DKSH Management Ltd.
	Wiesenstrasse 8
	8008 Zurich
	Switzerland
Phone:	044 386 72 72
E-mail:	[e-mail]
Internet:	www.dksh.com
ISIN:	CH0126673539
Valor:	12667353
Listed:	SIX Swiss Exchange
EQS News ID:	2121828

End of News	EQS News Service

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2121828 23.04.2025 CET/CEST