The food product manufacturer is set to launch a subsidiary to make investments in the food supply chain.
Thailand-based packaged food manufacturer Thai Wah Group has launched a THB100m ($3.1m) corporate venturing subsidiary to invest in the food supply chain.
The unit, which is yet to be named, will target food and technologies related to Thai Wah’s core business, including food processing, farm technology and bioplastics.
The vehicle is expected to be formally registered by the first quarter of next year and will be funded by the corporate’s working capital. The most active corporate venturer participant in Thailand’s…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
