KV Asia Capital Invests in Aalst Chocolate (Asia)

Source: KV Asia Capital

Southeast Asia-focused private equity firm KV Asia Capital has invested in a round of financing for Singapore-based premium chocolate manufacturer Aalst Chocolate. The investment was structured through KV Asia Capital’s investment vehicle International Chocolate and Cocoa Holdings. Aalst Chocolate intends to use the fresh funding to expand into new markets. Financial details of the transaction were not disclosed.