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No longer a target, F&N wants turn at the trigger

S-E Asia and non-carbonated drinks markets to be focus of its strategic thrust for expansion

Singapore

THE lion is awake, and it is thirsty. Freed from the constraints of its long association with Coca-Cola and newly backed by one of Thailand's richest men, Fraser and Neave (F&N) will be aggressively making up for lost time on the mergers and acquisitions (M&A) trail.

And its strategic thrust will be aimed at the fast-growing South-east Asia and non-carbonated drinks markets, in addition to continued focus on its 100Plus isotonic brand, F&N's chief executive for non-alcoholic beverages Ng Jui Sia told The Business Times this week as the company inked its acquisition of a 70 per cent stake in Malaysia's Yoke Food Industries (YFI).

"We're a bit late now today," Mr Ng said. "But my aim is...

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