TTT+Partners acted as legal counsel to Thai Wah PLC in its strategic alliance with a subsidiary of Fuji Nihon Corporation, a Tokyo Stock Exchange-listed food processing group.
As part of the transaction, Thai Wah divested a 49% shareholding in its subsidiary engaged in the manufacturing of tapioca-based products to its new Japanese partner. The deal was valued at approximately THB 490 million (~ USD 14 million).
This cross-border partnership is set to enhance both parties’ global market reach and drive innovation in tapioca-based food ingredient solutions. It strengthens the global value chain, enhancing flexibility and reliability in meeting diverse customer demands. The transaction was successfully completed on 28 March 2025.
The Team was led by Veeranuch Thammavaranucupt and Arnut Pongprueksa, with support from Thananya Chaikamonsuk, Poramet Tantavet, Supitchaya Chanpal, and Veerapattra Mangmee.
Experts
