Announced
Completed
Financials
Sources
Tags
personal care products
Personal Products
Completed
Friendly
Private
Thailand
cosmeceuticals
Acquisition
Cross Border
Single Bidder
Majority
Synopsis
Suntory Group, a Japanese multinational brewing and distilling company group, completed the acquisition of NBD Healthcare, a health and consumer product manufacturer. Financial terms were not disclosed. Suntory Wellness seeks to expand its business to overseas markets, and the acquisition of NBD will not only allow it to build a strong business foundation in Thailand, but will also contribute to creating synergies by combining Suntory Wellness’s product and service development capabilities with NBD's brand power and distribution network, thus growing its business in the region.
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