CPF invests 335 million baht to acquire 51% of BREW, expanding into bottled water business

Kaohoon··TH·Read original
2▲1 ▼0Impact / 5
Summary · why it matters

Charoen Pokphand Foods Public Company Limited (CPF) announced an investment in Brew Factory Company Limited (BREW), which operates a business producing and selling bottled drinking water and mineral water. CPF Food and Beverage Company Limited (CPFFB), a subsidiary in which CPF indirectly holds 99.99%, will acquire a total of 51% of shares, valued at 334.7 million baht. This consists of purchasing 43.60% from existing shareholders for 235.3 million baht and subscribing to 184,400 newly issued shares for 99.4 million baht. After the transaction is completed, BREW will become a subsidiary of CPF. This investment aligns with the strategy to expand the drinking water business, which is linked to the core business, and the transaction size represents 0.06% of CPF's total net assets, which does not meet the threshold for a significant transaction.

Impact on assets 1

Consumer Staples▲ · 1 stocks

Off-coverage companies 2

Brew Factory Co., Ltd.Private▲ Positive
Capitalrelevance

BREW receives a 334.7 million baht investment from CPF for 51% ownership, becoming a CPF subsidiary.

ซีพีเอฟ ฟู้ด แอนด์ เบฟเวอเรจPrivate▲ Positive
Capitalrelevance

CPFFB, CPF's 99.99%-held subsidiary, is the entity acquiring the 51% BREW stake for 334.7 million baht.

© 2026 MarketIVNews