Suntory Wellness Limited, the health and wellness business unit of Suntory Group, today announced that it has completed the acquisition of all outstanding shares of NBD Healthcare Co., Limited, headquartered in Bangkok, Thailand.
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Southeast Asia is a promising market for supplements and skin care products, as the consumption continues to increase. Suntory Wellness seeks to expand its business to overseas markets, and the acquisition of NBD will not only allow it to build a strong business foundation in Thailand, but will also contribute to creating synergies by combining Suntory Wellness’s product and service development capabilities with NBD’s brand power and distribution network, thus growing its business in the region.
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As a corporation sustained by the gifts of nature and water, Suntory Group will always protect the ecosystems that deliver water. Because its ecosystem is the wellspring, not only of its business and the rich experiences the group creates for people’s lives, but also of human life itself. Suntory Group will continue to be a company where everyone is empowered with the freedom and flexibility to innovate. Through all of its corporate pursuits, Suntory Group seeks to inspire the brilliance of life.
About NBD Healthcare
Founded in 1999, NBD is one of Thailand’s leading* health and consumer product manufacturers operating brands such as VISTRA and PROVAMED, also conducting business in Southeast Asia. *Source: Data provided by Euromonitor and NBD
About Suntory Wellness
Founded as a family-owned business in 1899 in Japan, and As a global leader in the beverage industry, Suntory Group offers a uniquely diverse portfolio of products, from premium spirits, beer, wine, ready-to-drink alcohol beverages, to brewed teas, bottled water, still and carbonated soft drinks, ready-to-drink coffee and energy drinks, along with health and wellness products.
