Nation Thailand
CP Axtra seals THB13bn takeover of The Food Purveyor in Malaysia
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CP Axtra Public Company Limited (CPAXT) has completed its acquisition of The Food Purveyor Sdn. Bhd., a Malaysian premium supermarket group, in a transaction valued at approximately THB13 billion.
Key facts
- CPAXT informed the Stock Exchange of Thailand that Lotuss Stores (Malaysia) Sdn
- The transaction was completed on Tuesday (September 1, 2026), making The Food Purveyor an indirect subsidiary of CPAXT.
- The Food Purveyor operates 50 premium supermarkets in Malaysia under five brands
- Together with approximately 70 Lotus’s stores in Malaysia, the acquisition expands CPAXT’s nationwide network to more than 120 outlets.
Summary
CPAXT informed the Stock Exchange of Thailand that Lotuss Stores (Malaysia) Sdn. Bhd., its indirect wholly owned subsidiary, had acquired ordinary shares representing 100% of The Food Purveyor’s issued and paid-up share capital.
The transaction was completed on Tuesday (September 1, 2026), making The Food Purveyor an indirect subsidiary of CPAXT.