Billionaire clan said to weigh $2bn Thai Summit sale(Photo: Thai Summit Group)Thai Summit Group, the country’s largest auto-parts manufacturer, is weighing a sale of its business amid mounting pressure from the global shift to electric vehicles, political uncertainty and family succession gaps, according to people familiar with the matter. The firm has yet to appoint a financial adviser, and early-stage talks might not lead to a mandate. Banks have also proposed US funds including CVC Capital Partners, Warburg Pincus and Blackstone, among others, to Thai Summit as potential suitors, without making formal approaches, the people said. Thai Summit didn’t responded to multiple emails seeking comment. Banks see a potential mandate to arrange a deal for Thai Summit as attractive given the rarity of Southeast Asian companies of this size that could come to market, the sources said.

Source: Bangkok Post February 05, 2026 07:50 UTC