Suntory Wellness acquires NBD Healthcare

The acquisition was completed on 1 March.

Suntory Wellness Limited, the health business unit of Suntory Group, has finalised the acquisition of all outstanding shares of Thailand-based healthcare company NBD Healthcare Co., Limited.

Through the acquisition of NBD, Suntory aims to seize the increasing market for supplements and skin care products in Southeast Asia, especially in Thailand.

Both entities will collaborate on plans for innovation, on top of other corporate pursuits.

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Suntory Wellness has also set plans for expansion to overseas markets, banking on NBD’s growing reach in Southeast Asia.