An aerial view of Ticon Logistics Park on Bang Na-Trat Road KM 39. "If we can successfully acquire Ticon, it will help us achieve our long-term goal to become the country's largest logistics provider," the source said. The group's logistics business started almost a decade ago to strengthen its business expansion and competitiveness. ThaiBev hopes the logistics business will play a bigger role in the group now that Asean is a single market. I imagine initially ThaiBev would use Ticon's facilities to diversify as a third-party logistics provider," said the analyst.

Source: Bangkok Post October 05, 2016 23:37 UTC