OSP to Hold 100% of Calpis Shares with the Transaction Value of ฿270M

Osotspa Public Company Limited (OSP) informed the share acquisition in Calpis Osotspa Company Limited (CO), a joint venture that OSP holds 40% of shares, from Asahi group Holdings Southeast Asia Pte. Ltd. (ASHSEA), the total transaction value is 270 million baht.

Follow the acquisition, OSP will hold 100% of total CO shares. The objective of an acquisition is that CO’s factory can be integrated as part of total production facilities of OSP which could be fully utilized and served for the growing demand for OSP’s products. The total transaction value which includes share purchase and intercompany loan to CO, will create significant economic value, achieving higher production efficiency and generating incremental margin to OSP.