Marubeni Growth Capital Asia to acquire stake in Asia Ingredients Group, a leading supplier and manufacturer of food ingredients and packaged food products in Vietnam

  • Webadmin
  • 06/11/2023

AIG Asia Ingredients Corporation (“AIG”, the “Company”) announced on 06 November 2023 that Marubeni Growth Capital Asia Pte. Ltd. (“MGCA”), a wholly owned Singapore-based subsidiary of Marubeni Corporation (“Marubeni”, TSE: 8002), one of Japan’s largest conglomerates with more than 160 years of history, has become a strategic partner of AIG via the acquisition of a significant minority interest in the Company.

Asia Ingredients Group (AIG), the leader in the Vietnamese food industry, has been on a remarkable 22-year development journey since its establishment in 2001 and has evolved into a leading group serving as a reliable partner for its customers, which include major players in the Vietnamese food industry. AIG’s journey in the industry is marked by expanding its global network of partners and making significant investments in innovation centers and food ingredient manufacturing facilities. AIG has also meticulously developed a widespread national distribution network that seamlessly connects various sectors of the business, creating a comprehensive ecosystem that encompasses supply chain management, manufacturing, research, logistics, and international business operations.

AIG focuses on research and innovation, leveraging deep insights into evolving market consumption trends. This allows AIG to create high-nutrition ingredients and products that meet the ever-changing demands of consumers. AIG’s dedication to tailoring ingredient solutions aligns perfectly with AIG’s commitment to enhancing the production and marketing of packaged food products, solidifying their position as a leader in the food industry.

Marubeni, headquartered in Tokyo with a presence in over 65 countries and more than 130 branches and offices worldwide, established the Next Generation Corporate Development Division in 2022 to capture the growth of consumer businesses in Southeast Asia and the US, aiming to build a new consumer platform to help drive Marubeni’s growth in 2030 and beyond. MGCA is an investment platform focused on investing in the consumer sector in Southeast Asia. The investment in AIG is the second investment in the Food & Beverage sector by MGCA. MGCA will continue to focus on the Food and F&B services sector in Southeast Asia which is driven by key underlying consumer trends and it remains committed to creating value with its investee companies within the sector.

             

“AIG is dedicated to its mission of transforming into a prominent Vietnamese multinational corporation, poised to revolutionize the food industry with advanced technological solutions, premium nutritional ingredients, and innovative food products. Our commitment to advancing production technology and expanding our distribution network is geared towards serving Vietnam’s thriving domestic market, boasting over 100 million consumers. Furthermore, our vision includes the introduction of high-value products derived from Vietnam’s rich agricultural resources to the global stage.” – Mr. Nguyen Thien Truc, Chairman of Asia Ingredients Group (AIG).

Marubeni’s partnership is a strong validation of our 22 years of development and contribution to the growth of Vietnam’s food industry. We look forward to working with MGCA to expedite our vision to become the go-to partner for high-quality food-related ingredients, products and services.”

Mr. Bharat Sarma, President and Senior Managing Director of MGCA, said: “Food and functional ingredients play an increasingly critical role in the food sector and catering to better-for-you consumer trends and changing lifestyles. AIG is a leader in the food industry in Vietnam and it is strategically transforming along multiple dimensions – innovation, solution development, natural foods and branded packaged food products. We believe in forming true partnerships with founders and management teams to sustainably accelerate their transformation to become better businesses in the long-term. We are delighted to partner with AIG and are committed to rapid growth, leveraging the Marubeni ecosystem, and creating significant value together.”

Related news

  • 20/08/2025
  • News & Events
AIG in the Top 50 of PRIVATE 100 – Vietnam Largest Taxpayers
According to the PRIVATE 100 Ranking 2025 released by CafeF, Asia Ingredients Group (AIG) has been named one of the Top 50 private enterprises contributing the most to Vietnam’s state budget, securing the 43rd position. AIG leads the group of agricultural processing and manufacturing companies, with contributions exceeding VND 1,000 billion. AIG Tops Vietnam’s Agribusiness [...]
  • 12/08/2025
  • Events
AIG awarded 330 Asian Kite Scholarships, worth more than 1.2 billion VND
On the morning of August 9, Asia Materials Group (AIG) awarded 330 Asian Kite Scholarships with a total value of more than 1.2 billion VND to excellent and studious students, especially those in difficult circumstances in many regions across the country. Asian Kite lifts the dreams of the young generation The Asian Kite Scholarship was [...]
  • 07/08/2025
  • News & Events
AIG makes strategic investment in GC Food to boost agri-exports
AIG makes strategic investment in GC Food to boost agri-exports Asia Ingredients Group (AIG) in early August became a strategic partner of GC Food JSC, marking a new milestone in its strategy to expand a deeply integrated agricultural ecosystem and elevate the global presence of Vietnam’s agricultural products. Under the cooperation agreement, AIG has invested [...]
  • 28/07/2025
  • Events
AIG Leads the Way in Deep Processing and Sustainable Agricultural Value Chains in Vietnam
On the afternoon of July 25, 2025, Asia Ingredients Group (AIG) welcomed Mr. Nguyen Quynh Thien, Vice Chairman of the People’s Committee of Vinh Long Province, along with representatives from local departments and agencies, for a working visit to Asia Coconut Processing Joint Stock Company (ACP) – a key member of AIG’s high-quality agricultural processing [...]
  • 23/06/2025
  • Events
APIS and ACP support young F&B entrepreneurs at “KHỞI 2025”
On June 19, 2025, APIS and ACP—two member companies of Asia Ingredients Group (AIG)—participated as key partners in the “KHỞI 2025” forum held in Ho Chi Minh City. The event brought together nearly 150 entrepreneurs, startup founders, and industry experts in the food and beverage (F&B) sector to connect and explore sustainable business solutions. Comprehensive [...]
  • 20/06/2025
  • Featured News
Mr. Nguyen Thien Truc appointed Chairman of the Board at AIG
On June 20, 2025, Asia Ingredients Group Joint Stock Company (AIG) officially announced the appointment of Mr. Nguyen Thien Truc, the Group’s founder and former Chairman of the Board, to resume his role as Chairman. His predecessor, Mr. Bernhard Hackl, stepped down on the same day to focus on personal health and well-being.