PETALING JAYA: Global consultancy Pemandu Associates unveiled its investment arm Pemandu Capital yesterday with the acquisition of a majority equity stake in a local manufacturer of personal care products.
The newly acquired company, Intramiles Sdn Bhd, produces more than 1,600 products across the haircare, skincare and bodycare segments.
In a statement issued to the media, Pemandu Associates said the acquisition “signals the beginning of a broader strategy” by Pemandu Capital to build a portfolio of high-potential small and medium enterprises.
