Snowman Logistics in talks to acquire two Bengaluru-based startups in food space

Snowman Logistics is in advanced talks to acquire two Bengaluru-based startups specialising in chopping vegetables and assembling sandwiches and burgers before sending them off to quick service restaurants (QSR), as the cold chain warehousing company looks to expand its value-added services in the fastgrowing food space. The company refused to disclose names of these startups and the possible deal value. "These are startup guys who are doing a decent job. They are unable to scale up because of their own limitations.

Source: http://economictimes.indiatimes.com/news/emerging-businesses/startups/snowman-logistics-in-talks-to-acquire-two-bengaluru-based-startups-in-food-space/articleshow/45880486.cms

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