Credence Partners Completes Buyout of Seafood Processor Fassler Gourmet (Asia)
Source: Credence Partners
Southeast Asia-focused private equity firm Credence Partners has acquired 100 percent of Singapore-based Fassler Gourmet, a company specializing in seasoning, smoking, slicing and packing salmon and ocean trout. The transaction was structured through Credence Fund II. Credence intends to work with the Fassler Gourmet management team to expand its customer reach and improve its operational processes. Financial details of the transaction were not disclosed.