ThaiBev acquires 75% stake in Thai food logistics services group for S$10.1 mil
28 Feb 2018, 10:37 pm
SINGAPORE (Feb 28): Thai Beverage (ThaiBev) announced that its wholly-owned subsidiary, Thai Beverage Logistics, has acquired from a third party vendor 954,750 ordinary shares in Havi Logistics, representing about 75% stake for 240 million baht (S$10.1 million).
Havi Logistics is a Thai-based company that operates logistics businesses for food services with expertise in cold chain logistics and multi-temperature food distribution technology.
Following the completion of the acquisition, Havi Logistics will be...(click on link for full story on theedgesingapore.com)
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