Jollibee's JWPL pledges $66.76m to Titan Fund II for F&B sector growth

It will hold a 90% stake in Titan Fund II.

Jollibee Foods Corporation (JFC) has announced that its wholly owned subsidiary, Jollibee Worldwide Pte. Ltd. (JWPL), has pledged participation and capital commitment to Titan Dining II LP (Titan Fund II).

Titan Fund II, with a fund size of $74.18m (S$100m) aims to drive strategic investments in the food and beverage sector across the Asia Pacific region.

JWPL will hold a 90% stake in Titan Fund II, amounting to a capital commitment of $66.76m (SGD$90m).

The fund will be overseen by Titan Dining Partners II Ltd., comprising seasoned individuals with extensive expertise in the food and beverage industry across the Asia Pacific Region.

ALSO READ: Jollibee invests $28m in beverage firm Botrista

The move aligns with JFC's expansion strategy as it continues to grow its store network, reaching 6,902 outlets worldwide, including 3,336 in the Philippines and 3,566 internationally.

Also Read

Filipino shoppers still prefer bricks over clicks

Hermès revamps Takashimaya flagship store in Singapore

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit