CPF acquires 51% stake in BREW for 334.7 million baht

Post Today•Economy•19d ago

Reader Briefing

Charoen Pokphand Foods Public Company Limited's subsidiary CPFFB is acquiring a 51% stake in Brew Factory Co., Ltd. for 334.7 million baht.

•CPFFB will invest 334.7 million baht to own 51% of Brew Factory Co., Ltd. (BREW).
•The acquisition consists of purchasing existing shares on September 1, 2026, and subscribing to new shares within 30 days.
•Brew Factory Co., Ltd. operates a drinking water and mineral water production facility in Surin Province.
•The investment aligns with CPF Group's strategy to expand into the drinking water business.

•CPFFB, a subsidiary of Charoen Pokphand Foods Public Company Limited (CPF), will invest 334.7 million baht to acquire a 51% stake in Brew Factory Co., Ltd. (BREW).
•On September 1, 2026, CPFFB will purchase 436,240 shares (43.60%) of BREW at 539.33 baht per share, totaling 235.3 million baht.
•Within 30 days from September 1, 2026, CPFFB will subscribe to 184,400 new shares of BREW at 539.33 baht per share, totaling 99.4 million baht.
•Following the transaction, BREW will become a subsidiary of CPF.
•Brew Factory Co., Ltd. was established on December 22, 2025, and operates a facility on approximately 96 rai in Mueang District, Surin Province, with a capacity of 295 million liters per year.
•For the first 5 months of 2026, BREW reported revenue of 210 million baht and a net profit of 15 million baht.
•CPF Group is expanding into the drinking water business as it is linked to the core business and has growth potential.
•Asia Plus Securities Research views the transaction as neutral to limited positive as it represents only 0.06% of total net assets.

Full article content is available on the original source.

Charoen Pokphand Foods Public Company Limited(บริษัท เจริญโภคภัณฑ์อาหาร จํากัด (มหาชน))

A public company referred to as CPF whose subsidiary is investing in the drinking water market.

Stock Exchange of Thailand(ตลาดหลักทรัพย์แห่งประเทศไทย)ℹ️

The entity to which CPF notified the investment details.

CPFFB(บริษัท ซีพีเอฟ ฟู้ด แอนด์ เบฟเวอเรจ จํากัด)

A subsidiary of CPF that is acquiring a 51% stake in Brew Factory Co., Ltd.

Brew Factory Co., Ltd.(บริษัท บรูว์แฟคทอรี จํากัด)

A company producing and distributing bottled drinking water and mineral water under the brand Nam Duem Sabai.

Asia Plus Securities(บล.เอเซีย พลัส)

The research firm providing a neutral to limited positive view on the investment transaction.

Mueang District, Surin Province(อําเภอเมือง จังหวัดสุรินทร์)

The location where the factory, warehouse, and office of Brew Factory Co., Ltd. are situated.