Kudun and Partners Navigates Tri Petch Isuzu Sales Co., Ltd. in THB 159 million Used Car Business Expansion
July, 2024 - Bangkok, Thailand
Kudun and Partners has successfully represented Tri Petch Isuzu Sales Co., Ltd. in a significant expansion of its used car business. This expansion was achieved through a strategic acquisition and investment, which involved acquiring shares from shareholders of one of Thailand’s leading distributors of high-quality used cars, and the subscription of newly issued shares.
The total investment, amounting to approximately THB 159 million, has resulted in Tri Petch Isuzu Sales Co., Ltd.’s investment arm, i.e. TPG X Co., Ltd., holding approximately 85% of the shares in the target company and its two subsidiaries.
The matter was led by our partners, Kongkoch Yongsavasdikul and Emi Rowse. They were ably supported by a dedicated team, including Supatra Kerinsaguna, senior associate, Sirivipa Kittisubun, Teerachai Boonyaratgalin and Thanchon Phetroocheang, associates. Their dedication and expertise were instrumental in driving this transaction to success.
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