Fruitas Holdings, Inc. (PSE:FRUIT) will look for acquisitions. In a statement on January 14, 2021, the company said that from the amount, some PHP 150 million will be allocated for network expansion, while PHP 70 million to PHP 100 million will be for acquisitions and development of new concepts, and PHP 20 million for commissary expansion. The company said it was checking prospects to acquire potential targets and expand outside the country, initially within Asia.