Berli Jucker plans acquisitions in Vietnam | Bangkok Post: news

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Berli Jucker plans Vietnam acquisition

Berli Jucker Pcl, a leading trading firm controlled by billionaire Charoen Sirivadhanabhakdi, said on Wednesday it planned to acquire a distribution centre in Vietnam as part of its expansion drive in Southeast Asia.

Berli also aimed for sales growth of 15% this year, versus 20% in 2012, President Aswin Techajaroenvikul, Charoen's son-in-law, told reporters.

Berli, which already has operations in Vietnam and Malaysia, told the stock exchange on Tuesday its subsidiary agreed to buy a stake in Ichiban Co, a maker of tofu in Vietnam, for 140 million baht.

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