CDH Investments has acquired a 5% stake in Bach Hoa Xanh Technology and Investment JSC, affirming its commitment to Vietnam's growing organized grocery retail sector.

Information on the Target

CDH Investments has recently acquired a minority stake of 5% in Bach Hoa Xanh Technology and Investment JSC, a leading grocery retail chain in Vietnam. The transaction, valued at USD72 million, positions CDH Investments as a key player in the rapidly evolving organized grocery retail sector within the country. With approximately 1,700 stores operating across southern and south-central Vietnam, Bach Hoa Xanh is recognized for its commitment to offering high-quality products in a hygienic setting at competitive prices. The investment also reaffirms the importance of this sector in Vietnam’s economic landscape, as it caters to the increasing demand for organized and accessible grocery shopping.

Mobile World Investment Corporation remains the controlling shareholder of Bach Hoa Xanh, working alongside CDH Investments and the company's management. Nguyen Duc Tai, the founder and chairman of Mobile World, expresses enthusiasm about the partnership with CDH Investments, accentuating their shared vision for growth and a history of successful collaboration.

Industry Overview in Vietnam

The Vietnamese market has shown significant promise, particularly in the Consumer & Retail sector, which has garnered substantial investment. In April 2024 alone, t