PTG Food and 6E Capital Form a Strategic Partnership to Drive Growth of Vesta Industrial Bakery Solutions Company
2023-12-05
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PTG Food, a global food manufacturer headquartered in Hong Kong, and 6E Capital, a prominent family office, are pleased to announce their strategic partnership to jointly operate Vesta Industrial Bakery Solutions Company. As part of this collaboration, 6E Capital will become a minority shareholder with board representation, while Mac El Omari will assume the role of Executive Vice Chairman at Vesta.
Vesta is a renowned Bakery Solutions company which resides in SongJiang District, Shanghai, China, catering to the discerning tastes of top businesses across the country. With a steadfast commitment to delivering the highest quality bakery products, including pastries, sour dough, frozen, and semi-frozen items, Vesta has established itself as a trusted name in the industry. The company's unwavering focus on integrity and social welfare further sets it apart from its competitors.
The partnership between PTG Food and 6E Capital marks an exciting chapter in Vesta's journey towards continued growth and success. Leveraging PTG Food's extensive expertise in industrial bakery solutions and 6E Capital's strategic insights, Vesta aims to further enhance its market presence and expand its offerings to meet the evolving demands of its esteemed clientele.
Reza Cockrell, MD of PTG Group and founder of PTG Food, mentioned: “Under the leadership of Mac El Omari, an accomplished industry veteran with 29 years experience at JPMorgan Investment Banking in Consumer & Retail, Vesta is poised to reach new heights. With his wealth of experience and visionary approach, Mac will play a pivotal role in driving the company's financial and strategic initiatives, fostering innovation, and ensuring the highest standards of quality and corporate governance.”
Both PTG Food and 6E Capital are thrilled about this partnership and the opportunities it presents. By combining their respective strengths, the two entities are confident in their ability to propel Vesta towards even greater success, while upholding the company's core values of excellence, integrity, and social responsibility.
For media inquiries or further information, please contact:
Judy Kwan
Group CFO
Judy@tigergrp.com
Mac El Omari
Executive Vice Chairman
Mac@6ECapital.com
About PTG Food Holdings Company Ltd.:
PTG Food is a leading global food manufacturer headquartered in Hong Kong. From small local businesses to large global food groups and chains, PTG Food offers holistic, end-to-end food solutions. PTG Food innovates, produces, and distributes quality food products across diverse markets and categories. Using exceptionally high-quality ingredients that are natural and traceable, offering a comprehensive range of products and services to various sectors. With a strong commitment to innovation and customer satisfaction, PTG Food has established itself as a trusted partner worldwide.
About 6E Capital:
6E Capital is a family office that specializes in strategic investments across various industries. With a focus on long-term value creation and sustainable growth, 6E Capital partners with exceptional companies to drive their success and maximize shareholder value.
About Vesta Industrial Bakery Solutions Company:
Vesta is an industrial Bakery Solutions company which resides in SongJiang District, Shanghai, China. It is renowned for its high-quality bakery products. With a diverse range of offerings and an unwavering commitment to integrity and social welfare, Vesta has become a preferred choice for top businesses in China.
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