Thai Beverage

Thai Beverage (ThaiBev) is Thailand's largest and one of Southeast Asia's largest beverage firms, with distilleries in Thailand, the United Kingdom, and China. It is also one of the largest companies in Thailand by market capitalization. Charoen Sirivadhanabhakdi, a Thai Chinese wealthy business entrepreneur, owns it. Thai Beverage plc, which is listed on the Singapore Stock Exchange, has a market valuation of more than US$13 billion. In 2004, the company announced that it had completed a US$11.2 billion transaction to acquire the conglomerate Fraser and Neave, adding to the group's asset holdings.

Thai Beverage Public Company Limited owns and distributes a number of well-known brands, including Chang beer, Mekhong beer, and SangSom rum. It has a considerable presence in Europe, with five distilleries in Scotland producing malt Scotch whiskey, vodka, gin, and liqueurs. Chang Beer, which began production in March 1995 in a brewery in the Bang Ban District of Ayutthaya Province, is Thailand's best-selling brand. After a tough market battle with the previous dominant brand, Singha, it was able to capture 60% of the Thai market. According to research firm Canadean, the company's beer market share was 49 percent in 2006.

Thai Beverage is the first Asian firm to be named a beverage sector sustainability leader for the third time in a row. This outstanding performance demonstrates ThaiBev's dedication to long-term development. ThaiBev prioritizes environmental issues because environmental conditions affect communities and people's quality of life, which in turn affects the company's activities. Communities, society as a whole, and enterprises can thrive if the environment is effectively managed. As a result, the environment, communities, and civilization must coexist and support one another.

Founded: 2003
Headquarters: Bangkok, Thailand
Website: https://www.thaibev.com/