THAILAND: Lawson to set up c-store JV with Saha Group

Japanese c-store retailer Lawson Inc is to set up a joint venture in Thailand with local operator The Saha Pathanapibul Group.

Saha said it will launch a convenience store operation with Lawson, to be name Saha Lawson, this month.

The venture will be set up with a capital of THB70m (US$1.3m). Of this, 49% will be put up by Lawson Asia Pacific Holdings Pte. Ltd., a Lawson unit in Singapore. Saha Pathanapibul will contribute 20%, with 30% coming from other companies within Saha Group. The remaining 1% will be owned by a Thai unit of Mitsubishi Corp.

Last month, Lawson reported higher half-year profits despite concerns over consumer confidence in the country in recent months.

The retailer currently operates in Japan, China, Indonesia and the US state of Hawaii.

Sign up for our daily news round-up!

Give your business an edge with our leading industry insights.

Sign up