We were the exclusive financial advisor to Unitas Capital on the sale of Jiahao Foodstuff to Huabao International, a Hong Kong listed flavours and fragrances company.

Headquartered in Zhongshan China, Jiahao Foodtuff is a market leader in the supply of a broad range of high-quality condiment products (chicken bouillon, wasabi paste, cooking juice, etc.) to foodservice customers in China. With an unparalleled sales and distribution platform for foodservice, the Company covers more than 200,000 restaurants across all provinces and most major cities in China.

Our client hired Rippledot to conduct a strategic review on the business that included an extensive vendor due diligence and soft marketing exercise as well as advice on sale timing.  This level of preparation prior to launch led to the exceptional outcome on pricing achieved by our client. The business attracted interest from some of the largest multi-nationals, as well as regional strategics and financial sponsors. 

This transaction further solidifies Rippledot’s position as an adviser of choice to run a highly targeted global sale process for Asia based private equity clients.