In 2015, Masan Group entered into a strategic partnership with Thailand’s Singha Asia Holding Pte Ltd. Under this agreement, Singha acquired a 25% stake in Masan Consumer Holdings and a 33.3% stake in Masan Brewery, with the total transaction value amounting to USD 1.1 billion.
At that time, Singha had transferred USD 650 million in investment capital, including USD 50 million for a 33.3% stake in Masan Brewery and USD 600 million for a 14.3% stake in Masan Consumer Holdings.
On its website, Masan Consumer Holdings is introduced as a manufacturer of a wide range of food and beverage products, including sauces, noodles, cereals, instant coffee, and beer. The company is currently the direct parent company of Masan Consumers (stock code: MCH) – the owner of brands such as Chin Su, Omachi, Vinacafe, etc. and has achieved “exponential” growth over the years.
Specifically, in 2023, Masan Consumer set a new record profit level when it recorded a post-tax profit of VND 7,195 billion, an increase of 30% compared to 2022. EPS in 2023 reached VND 9,888 per share, a sharp increase compared to EPS in 2022 of VND 7,612 per share.
In an earlier development, The Bain Capital invested USD 250 million in Masan Group through convertible preferred shares in 2023. The company said the proceeds will be used to reduce debt and strengthen its financial position. They are also in talks with other parties to potentially raise the total investment to USD 500 million.
Masan Group also planned to IPO its retail platform, The CrownX. However, CEO Danny Le told investors a year ago that the process would be delayed until 2024 or 2025.
