Dumpling chain to buy majority stake in DanteGROWING CHAINS: The acquisition of Dante Coffee adds to Bafang Yunji’s businesses, including a pork rice chain, a noodle outlet and boxed meal vendorStaff writer, with CNAA leading dumpling chain has agreed to acquire a 69 percent stake in coffee-shop chain Dante Coffee and Foods Co (丹堤咖啡), to diversify its business, it said yesterday. The dumpling vendor said it would pay cash to acquire Dante Coffee, which has 67 outlets in Taiwan, but did not disclose any financial details. New Taipei City Mayor Hou You-yi makes pan-fried dumplings during a visit to an outlet of pan-fried dumpling chain Bafang Yunji in the city on Sept. 4. As of the end of last year, Bafang Yunji owned 981 dumpling stores, and another 51 outlets of its other brands. On Thursday, Bafang Yunji shares traded between NT$160 and NT$177.50 on the emerging market.

Source: Taipei Times October 09, 2020 15:56 UTC