17/12/2020 | 1604 |
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The Chairman of TCC Thailand Group, Mr. Charoen Sirivadhanabhakdi has announced plans to merge the Metro Vietnam supermarket chain with Big C Thailand.

Metro Vietnam has been renamed,
merged with BigC Thailand

 

The Chairman of TCC Thailand Group, Mr. Charoen Sirivadhanabhakdi has announced plans to merge the Metro Vietnam supermarket chain with Big C Thailand.

Earlier in July 2016, Metro Vietnam was renamed Mega Market Vietnam and this supermarket chain planned to invest in Thailand to expand its wholesale network. Mega Market Vietnam currently has 19 wholesale centers around the country as well as 2 warehouses for fish and fresh vegetables.

TCC completed an agreement to buy Metro Vietnam in January 2016 for $ 704 million. Meanwhile Big C parent company Berli Jucker Pcl announced it expects annual sales to reach 100 billion baht ($ 3 billion) in 2016.

With this agreement, TCC Group will gain advantages in the competition with other enterprises in the market not only in Vietnam, Thailand but also in the Mekong sub-region and Southeast Asia. In general, this group will hold the power to dominate the market as well as the consumption of goods.

There will be many Vietnamese products appearing in the Thai market

After 8 months of taking over Mega, TCC has transferred more than 100 tons of fruits to Big C Thailand. TCC also strengthens plans to develop agricultural projects and assists farmers in choosing crops and harvesting, and looking for suppliers of other commodities such as avocado, oranges, apples and potatoes.

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Mr. Sirivadhanabhakdi said that Vietnam is still a potential market for him because the labor here is very industrious and the source of clean water is plentiful and convenient for agricultural development.

Head office address: No. 1A, Group 10, Quarter 5, An Binh Ward, Bien Hoa City, Dong Nai Province.
Transaction office 1: Nhon Trach 6 Industrial Park, Dong Nai Province.
Transaction office 2: Loc An Branch - Lot E, Road N1, Loc An Industrial Park - Binh Son, Long Thanh, Dong Nai Province.
Phone number: 0251 887 1409
Email: info@thongquan.com.vn


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