Charoen Pokphand Foods Public Company Limited (SET: CPF) has informed the Stock Exchange of Thailand that CPF Food and Beverage Company Limited (CPFFB), a subsidiary in which CPF indirectly holds 99.99% of shares, will invest in Brew Factory Company Limited (BREW), representing 51% of total shareholding, for a total investment of THB 334.7 million.
BREW is a company incorporated in Thailand and engaged in the production and distribution of bottled water and mineral water. The details of the investment are as follows:
1) On September 1, 2026, CPFFB acquired ordinary shares of BREW from the existing shareholders, representing 43.60% of total issued and paid-up shares of BREW, for a total investment of THB 235.3 million.
2) Within 30 days from September 1, 2026, BREW will increase its registered capital and issue 216,940 newly issued shares, of which CPFFB will subscribe for 184,400 newly issued shares, for a total investment of THB 99.4 million.
Upon completion of the above transactions, BREW will become a subsidiary of CPF.
This acquisition is in line with the CPF Group’s business direction to expand its investments into the bottled water business, which is complementary to its core business and has strong growth potential.
