Hawell's Ice Cream Owner Sells Business for 165M Baht to Ordain

Matichon•Economy•5d ago

Reader Briefing

Dr. Siriphong Akkarasriyuk is selling Hawell's International Co., Ltd. for 165 million baht to pursue a life of Buddhist ordination.

•The business sale price is 165 million baht, including land, factory, and brand assets.
•Dr. Siriphong Akkarasriyuk intends to ordain as a monk within 2 years.
•The sale announcement was made on August 21 via the Hawell's page.
•The business includes a 7-rai plot of land in Bang Bua Thong and proprietary ice cream recipes developed over 37 years.

•Dr. Siriphong Akkarasriyuk announced on August 21 the sale of Hawell's International Co., Ltd. for 165 million baht.
•Dr. Siriphong Akkarasriyuk intends to ordain as a monk and live in seclusion in a forest to practice Dharma, with a timeline of approximately 2 years remaining before this transition.
•The total sale value of 165 million baht comprises 7 rai of land in Bang Bua Thong (100 million), an office and factory (40 million), a shop (6 million), the Hawell's brand, and 37 years of know-how and recipes.
•Dr. Siriphong Akkarasriyuk cited difficulties in expanding branches due to shopping malls lacking available space and the high cost of standalone stores as partial reasons for the sale.
•Dr. Siriphong Akkarasriyuk proposed a growth plan for a potential buyer to open 300 soft-serve branches and 100 hard-ice cream branches within 2 years, targeting annual sales of 8,790 million baht.
•Dr. Siriphong Akkarasriyuk stated that the brand has been trusted for over 25 years and possesses premium quality and competitive costs due to owning the intellectual property.
•Potential buyers must be referred by a specified person and must study the Project Plan before entering negotiations.

Full article content is available on the original source.

Dr. Siriphong Akkarasriyuk

"Looking for a successor for Hawell's ice cream business, with a referral fee of 5 million baht."

หาผู้รับช่วงต่อกิจการไอศกรีมฮาเวลส์ โดยมีค่าแนะนำ 5 ล้านบาท

Dr. Siriphong Akkarasriyuk(ดร.ษิริพงศ์ อัครศรียุกต์)

Chairman of Hawell's International Co., Ltd. who is selling his business to ordain as a monk.

Hawell's International Co., Ltd.(บริษัท ฮาเวลส์ อินเตอร์เนชั่นแนล จำกัด)

An ice cream business company being sold for 165 million baht.

National Innovation Agency(สำนักนวัตกรรมแห่งชาติ)

The organization that recognized Dr. Siriphong Akkarasriyuk for his innovation in converting plastic to diesel oil.

Ministry of Energy(กระทรวงพลังงาน)ℹ️

The government body whose standards were met by Dr. Siriphong Akkarasriyuk's plastic-to-diesel innovation.

Bang Bua Thong(บางบัวทอง)ℹ️

The location of the 7-rai plot of land valued at 100 million baht belonging to Hawell's.

Thammasat University, Tha Prachan(มหาวิทยาลัยธรรมศาสตร์ ท่าพระจันทร์)

The venue where Dr. Siriphong Akkarasriyuk held a Dharma lecture for approximately 3,000 people.