Kudun and Partners
September 21, 2022 - Bangkok, Thailand
Entire business transfer of Nature Best Food Co., Ltd.’s seaweed processing and distribution business to the subsidiary of Thai Sugar Terminal PCL for THB 250 million.
by Kudun and Partners
Kudun and Partners represented Nature Best Food Co., Ltd. the first manufacturer and distributor of seaweed in Thailand on the sale of its seaweed processing and distribution business by way of an entire business transfer (EBT) transaction to TS Food Holding Co., Ltd., a subsidiary of Thai Sugar Terminal PCL, a business providing rental services for port-warehouses for approximately THB 250 million. The team provided advice and assisted with the corporate restructuring of the transaction as well as tax planning and optimization.
The transaction was led by Kudun Sukhumananda, partner and co-head of Corporate and M&A Practice together with Thitawan Thanasombatpaisarn, senior associate, and assisted by associates; Chuenkamol Viriya and Thanyawan Khositapha
Find out more information on these links:
The post Entire business transfer of Nature Best Food Co., Ltd.’s seaweed processing and distribution business to the subsidiary of Thai Sugar Terminal PCL for THB 250 million. appeared first on Kudun.
Read full article at: https://www.kap.co.th/entire-business-transfer-of-nature-best-food-co-ltd-s-seaweed-processing-and-distribution-business-to-the-subsidiary-of-thai-sugar-terminal-pcl-for-thb-250-million/