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Thailand $6.4 Billion Food Giant Charoen Pokphand Foods Buys Remaining 23.8% Shareholding of China & Vietnam Agri-Food Company C.P. Pokphand from Japan Trading House Itochu Corp for $1.1 Billion, Charoen Pokphand Foods & Itochu Corp Jointly Acquired C.P. Pokphand in 2022 & Delisted from Hong Kong Exchange (HKEX) in 2022, Charoen Pokphand Foods is Part of Thailand Conglomerate Charoen Pokphand Group (CP Group) & Controlled by Billionaires Chearavanont Brothers
22nd April 2025 | Hong Kong
Thailand food giant Charoen Pokphand Foods ($6.4 billion) has announced to buy the remaining 23.8% shareholding of China & Vietnam agri-food company C.P. Pokphand from Japan trading house Itochu Corp for $1.1 billion. Charoen Pokphand Foods & Itochu Corp had jointly acquired C.P. Pokphand in 2022, which was delisted from Hong Kong Exchange (HKEX) in 2022. Charoen Pokphand Foods is part of Thailand conglomerate Charoen Pokphand Group (CP Group), which is controlled by billionaires Chearavanont brothers. C.P. Pokphand Co. Ltd. (“CPP” or the “Company”) is an investment holding company incorporated in Bermuda. CPP and its subsidiaries (the “Group”) is a leading agri-food conglomerate in China and Vietnam. Charoen Pokphand Foods Public Company Limited is the leading agro-industrial and food conglomerate in the Asia Pacific region. The Company operates in both the livestock (swine, broilers, layers, and ducks) and aquaculture (shrimp and fish) businesses. The vertically integrated businesses incorporate the manufacturing of animal feed, animal breeding and animal farming; meat processing, the manufacturing of semi-cooked meat and fully-cooked meat; food products and ready meal products, as well as the meat and food retailer and restaurant businesses.
“ Thailand $6.4 Billion Food Giant Charoen Pokphand Foods Buys Remaining 23.8% Shareholding of China & Vietnam Agri-Food Company C.P. Pokphand from Japan Trading House Itochu Corp for $1.1 Billion, Charoen Pokphand Foods & Itochu Corp Jointly Acquired C.P. Pokphand in 2022 & Delisted from Hong Kong Exchange (HKEX) in 2022, Charoen Pokphand Foods is Part of Thailand Conglomerate Charoen Pokphand Group (CP Group) & Controlled by Billionaires Chearavanont Brothers “
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Thailand $6.4 Billion Food Giant Charoen Pokphand Foods Buys Remaining 23.8% Shareholding of China & Vietnam Agri-Food Company C.P. Pokphand from Japan Trading House Itochu Corp for $1.1 Billion, Charoen Pokphand Foods & Itochu Corp Jointly Acquired C.P. Pokphand in 2022 & Delisted from Hong Kong Exchange (HKEX) in 2022, Charoen Pokphand Foods is Part of Thailand Conglomerate Charoen Pokphand Group (CP Group) & Controlled by Billionaires Chearavanont Brothers
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