Energy drink purchaseThis article was originally published in Foodnews
THAI Beverage Public Company Limited (ThaiBev), Thailand's largest alcohol company, has acquired drinks maker Wrangyer Beverage Co for THB420 million (US$13.4 million). Wrangyer has been one of the leading players in the Thai energy drink market in the past 10 years, and has a production capacity of 400 million units a year. It produces the Wrangyer brand of energy drinks and the Black Up brand of ready-todrink coffee. The acquisition will allow ThaiBev to mark its first presence in the energy drink and readyto-drink coffee sectors.