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Marubeni/Banpui/FGL Holdings/Siam Marubeni (JV)

M/24/072

Completed

Transaction details

The proposed transaction whereby a joint venture by Marubeni Corporation, Banpu NEXT Co, Ltd, FGL Holdings (Thailand) Co Ltd and Siam Marubeni international Co, Limited will be created has been cleared by the Competition and Consumer Protection Commission.
Case details
  • Notification date:22 November 2024
  • Publication date:22 November 2024
  • Economic sector:Administrative & support services - O
  • Economic sub-sector:Rental & leasing - O.77
  • Simplified merger:Yes
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Friday, 22 November, 2024 Notification received
  • Friday, 6 December, 2024 Third party submission deadline
  • Friday, 13 December, 2024 Determination issued
Parties Involved

Marubeni Corporation

Is the group parent company of the Marubeni Group. Marubeni conducts business activities multilaterally such as importing and exporting (including third-country trading), as well as domestic business, across wide-ranging fields including lifestyle, IT solutions, food, agri-business, forest products, chemicals, metals & mineral resources, energy, power, infrastructure project, aerospace & ship, finance, leasing & real estate business, construction, industrial machinery & mobility, next generation business development and next generation corporate development, in addition to a variety of services, internal and external investments and resource development throughout all of the above industries.

 

Banpu NEXT Co, Ltd

Banpu is a subsidiary of Banpu Public Company Limited and part of the Banpu Group. Banpu Group is mainly active worldwide in three segments, namely energy resources, energy generation and energy technology.

 

FGL Holdings (Thailand) Co Ltd

Is the group parent company of the Fuyo Lease Group. FGL Holdings (Thailand) Co Ltd is a company within the Fuyo Lease Group that will participate in the Proposed Transaction.

The primary business of the Fuyo Lease Group is in the provision of leasing and financing services for corporate clients in the real estate, aircraft, energy and environment, BPO / ICT, healthcare, mobility & logistics, circular economy and cloud services industries. This includes the provision of finance leases, operating leases, instalment sales, and vendor leases.

Contacts
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