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Thai Beverage Group eyeing acquisition of Ticon Industrial Connection

( October 6, 2016, 06:04 GMT | Insight) -- Thai Beverage Group is in negotiation to acquire SET-listed Ticon Industrial Connection, with a view to becoming Thailand’s largest logistics provider, the Bangkok Post reports. Thai Beverage Group is in negotiations to acquire SET-listed Ticon Industrial Connection, with a view to becoming Thailand’s largest logistics provider, the Bangkok Post reports. Ticon develops factories and warehouses for rent and maintains a comprehensive logistics network, while Thai Beverage Logistics is considered a mid-sized enterprise although it has already expanded into neighboring countries. ThaiBev plans to leverage Ticon’s logistics capabilities to reduce operational and distribution costs for its other business units, gaining a competitive advantage in the ASEAN countries to which it exports.  ...

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