Aboitiz takes over SG-based animal feed supplement maker
Aboitiz Equity Ventures Inc. (AEV) has boosted its food unit with the acquisition of Diasham Resources Pte. Ltd., a Singapore-based manufacturer of premium animal nutrition and health solutions.
The group on Monday said Aboitiz Foods, through its subsidiary Gold Coin Management Holdings Pte. Ltd., had completed the buyout of Diasham.
AEV did not disclose the transaction value, noting that the consideration remained subject to customary closing adjustments.
With about 50 years in the sector, Diasham is known for making feed additives as well as water-soluble, injectable and liquid products. The firm has also cemented its distribution network in Thailand, Indonesia, China, Hong Kong, South Korea, Taiwan, Philippines, Vietnam, Malaysia and Bangladesh.
This move, the group said, would “significantly expand Aboitiz Foods’ specialty nutrition portfolio and strengthen its manufacturing capabilities.”
“This acquisition gives us a more complete range of products and solutions to offer our customers across the region,” Tristan Aboitiz, president and CEO of Aboitiz Foods, said in a disclosure to the local bourse.
‘Strong legacy’
”Diasham has built a strong legacy and developed deep customer relationships over many decades; factors that mattered very much in our decision to engage in this transaction,” the official added.
This latest addition to its international footprint follows AEV’s initial investment in Vietnam more than a decade ago. In 2018, the group bought a controlling stake in Gold Coin, a major producer of animal feeds.
Currently, Aboitiz Foods is present in eight markets, namely the Philippines, Singapore, China, Vietnam, Malaysia, Indonesia, Thailand and Brunei.
Aside from its food unit, AEV has interests in infrastructure, power, real estate and banking.
For the first nine months of 2025, the group saw its earnings reach P17.3 billion, down 8 percent, due to weaker earnings from the power segment.
