DKSH has acquired Auric Pacific's consumer goods distribution business in Singapore and Malaysia for CHF 160 million, significantly enhancing its market presence and operational capacity in the high-margin food service sector.

Target Information

DKSH has successfully acquired the consumer goods distribution business of Auric Pacific, operating in Singapore and Malaysia. This strategic acquisition marks a significant milestone for DKSH, being the largest since its merger in 2002. The acquisition not only bolsters DKSH's portfolio but also enhances its footprint in the consumer goods sector, particularly focusing on high-margin business segments.

The consumer goods distribution division of Auric Pacific generates impressive net sales of approximately CHF 185 million and an operating profit (EBIT) of around CHF 14 million. By acquiring 100% of this division for about CHF 160 million, DKSH aims to capitalize on increased market opportunities and broaden its operational capabilities in these key Asian markets.

Industry Overview

The consumer goods industry in Singapore and Malaysia has shown consistent growth, driven by rising disposable incomes and changing consumer preferences. Singapore, known for its thriving retail sector, has see