Dymon Asia Private Equity Acquires a Stake in Atlas Vending (Asia)
Source: The Straits Times | Author(s): Yasmine Yahya
Investment management company Dymon Asia Private Equity (DAPE) has acquired a majority stake in Singapore-based vending machine owner and operator Atlas Vending from Atlas’s founding Tan family. Atlas Vending manages more than 5,000 machines in Singapore and Malaysia. DAPE intends to increase the number of Atlas’s vending machines and deploy new technologies. Financial details of the transaction were not disclosed.