PFG sells 25.1% stake to Japan's Umios, targets average revenue growth of 10% per year

M&A · PartnershipCorporate Action
โดย Money & Banking·THJP·Read original
Summary · why it matters

Pattaya Food Group, or PFG, has reached a strategic cooperation agreement with Umios Corporation, a major player in Japan's food industry. Umios will take a 25.1% stake in the company and join its executive board to help set direction and drive growth in Asia. Sudathip Kiattisrichart, incoming Chief Executive Officer of Pattaya Food Group, said the partnership combines PFG's strengths in brand development and regional distribution channels with the Umios Group's business network spanning more than 70 countries worldwide, to elevate the company from a seafood producer into a fully integrated food company. For its 2025 results, PFG reported total revenue of about 220 million US dollars, or more than 7 billion baht, with more than 65% coming from overseas markets and 40% from its own brand businesses such as Nautilus, Mongkut Talay and Sea Crown, as well as pet food brands Regalos and Remy. The company targets average growth of 10% per year over the next three years, with innovation and overseas market expansion as the main drivers. Umios Corporation, which previously operated under the name Maruha Nichiro Corporation, has more than 145 years of experience and posted 2025 results of as much as 7.34 billion US dollars, or more than 200 billion baht. The 25.1% stake aims to concretely support the growth of PFG's own brand manufacturing business in Asian markets.

Impact on stocks 1

Consumer Staples · 1 stocks
Umios Corporation
1333
▲ PositiveCapitalrelevance

Umios acquires a 25.1% stake in PFG and joins its board, expanding its Asian food business network.

Off-coverage companies 2

Pattaya Food GroupPrivate▲ Positive
Capitalrelevance

PFG sells a 25.1% stake to Umios, gaining a strategic partner to drive growth and overseas expansion.

Premier Forge GroupPrivate± Mixed
relevance