Dusit Thani Public Company Limited (DUSIT), one of Thailand’s leading hotel and property development companies, and PTT Oil and Retail Business Public Company Limited (OR) by Modulus Venture, a wholly owned subsidiary of OR, a leading oil and retail company, have inked an agreement for OR to acquire a 25% stake in DUSIT’s food business […]
OR invests in 25% shares of Dusit Foods, a subsidiary of Dusit Thani Public Company Limited (DUSIT), with a view to combine DUSIT’s strengths in upstream, midstream, and downstream food business with OR’s leading retail distribution channels to reach multiple lifestyle segments and shape an opportunity for inclusive growth, both inside and outside of Thailand.
PTT Oil Business and Retail (OR) has acquired a 25% share in Dusit Foods, a subsidiary of Dusit Thani Plc, to further develop lifestyle-related businesses under its inclusive growth policy.