Affinity said to be acquiring majority stake in gummy bear maker Yupi

Affinity said to be acquiring majority stake in gummy bear maker Yupi

Yupi candies on display in a convenience store in Singapore.

Pan-Asian buyout firm Affinity Equity Partners is said to have signed a non-binding agreement to take control of Southeast Asia’s largest gummy bear brand last week, according to people with knowledge of the matter.

Edited by: Padma Priya