Singapore-based Zimplistic, the company that manufactures the fully-automated flatbread maker Rotimatic, has been sold to the special purpose vehicle (SPV) Light Ray Holdings in a trade sale, DealStreetAsia has learnt.
Light Ray Holding has acquired 100% of the company. It will now run Zimplistic and bring out the next iteration of Rotimatic, while retaining the entire current team.
