Charoen Pokphand Foods Public Company LimitedCPF invests 334.7 million baht via its 99.99%-owned subsidiary to acquire 51% of BREW, expanding into drinking water and making BREW a subsidiary.

Charoen Pokphand Foods Public Company Limited (CPF) has announced an investment in Brew Factory Company Limited (BREW), a producer and distributor of bottled drinking water and mineral water. A subsidiary in which CPF holds an indirect stake of 99.99%, CPF Food and Beverage Company Limited (CPFFB), will hold a total of 51% of shares, representing an investment value of 334.7 million baht. The investment is divided into two parts. On September 1, 2026, CPFFB will purchase shares from existing shareholders of BREW, representing 43.60% of the issued and paid-up shares, for 235.3 million baht. Then, within 30 days from that date, BREW will increase its registered capital and issue 216,940 new ordinary shares, of which CPFFB will subscribe to 184,400 shares, representing an investment of 99.4 million baht. After the transaction is completed, BREW will officially become a subsidiary of CPF. This investment aligns with the group's business expansion plan into the drinking water business, which is linked to its core business and has growth potential, helping to diversify its business portfolio and create long-term growth opportunities.
Charoen Pokphand Foods Public Company LimitedCPF invests 334.7 million baht via its 99.99%-owned subsidiary to acquire 51% of BREW, expanding into drinking water and making BREW a subsidiary.
BREW receives a 334.7 million baht investment from CPFFB, which will hold 51% and make BREW a subsidiary of CPF.
CPFFB, the CPF subsidiary executing the deal, will hold 51% of BREW for 334.7 million baht, expanding the group into drinking water.