Charoen Pokphand Foods Public Company Limited (CPF) has announced that its subsidiary, CPF Food and Beverage Company Limited (CPFFB), in which CPF holds an indirect stake of 99.99%, will invest in Brew Factory Company Limited (BREW), acquiring a 51% stake with a total investment value of 334.7 million baht. BREW is a company registered in Thailand that operates the production and sale of bottled drinking water and mineral water. The investment is divided into two parts: on September 1, 2026, CPFFB will purchase ordinary shares from existing shareholders of BREW, representing 43.60% of the issued and paid-up shares, for 235.3 million baht, and within 30 days from that date, BREW will increase its registered capital by issuing 216,940 new ordinary shares, of which CPFFB will subscribe to 184,400 shares for 99.4 million baht. After the transaction is completed, BREW will become a subsidiary of CPF, which aligns with the strategy to expand investment into the drinking water business that is linked to the core business and has growth potential.
Charoen Pokphand Foods Public Company LimitedCPF's subsidiary invests 334.7 million baht to acquire a 51% stake in Brew Factory, expanding into the drinking water business.
Brew Factory receives a 334.7 million baht investment from CPFFB for a 51% stake and becomes a subsidiary of CPF.
