Asahi gulps down Singaporean vending machine company

Advend acquisition gives Japanese drink maker bigger Southeast Asian platform

20191206N Asahi 2

Asahi Group Holdings wants to expand its presence in Southeast Asia. © Reuters

TAKERU GOTO, Nikkei staff writer

TOKYO -- Japan's Asahi Group Holdings will acquire a Singapore-based vending machine operator to expand the reach of its beverage brands in Southeast Asia.

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