Dymon Asia Private Equity has invested in The Holstein Milk Company to support its expansion and enhance its production capabilities in the Malaysian and Australian dairy markets.

Target Information

The Holstein Milk Company Sdn Bhd (THMC) is a leading integrated producer, distributor, and brand owner of dairy products in Malaysia and Singapore. Founded in 2007 by Loi Tuan Ee, THMC began its journey in dairy goat farming and later expanded its operations to include dairy cow farming, acquiring 60 Holstein Jersey cows from Australia. Over the past decade, THMC has significantly grown its livestock, now managing over 5,000 cows across its farms in Malaysia and Australia. The company's product offerings include fresh and flavored milk, yogurt, and other dairy items, marketed primarily under the well-known 'Farm Fresh' and 'Yarra' brands, which are available in major supermarkets and hypermarkets throughout the region.

Industry Overview

The dairy industry in Malaysia is experiencing robust growth, driven by increasing consumer demand for fresh and nutritious dairy products. With a rising awareness of health benefits associated with dairy consumption, especially among younger demographics, the market presents ample opportunities for producers and investors alike. The Malaysian government has also been supportive of the dairy sector, implementing various policies aimed at sustaining local production and reducing dependency on imports.

In recent years, there has been a notable surge in the market for organic and premium dairy products, leading companies to innovate and introduce new product lines to cater to evolving consume