2018 : Lam Soon made a significant investment by acquiring a controlling stake in An Long Food Joint Stock Company (ALF). ALF is the only sizable edible oil company that is privately held, with a year-on-year growth rate of over 30% in value.
ALF is ranked number three in the consumer edible oil market in Vietnam and their bestselling brand is happi Koki which is sold through its nationwide network of over a hundred distributors in the General Trade and 13 major international and domestic key accounts in Modern Trade.
The investment is In line with the Group’s long-term strategy in the Vietnam FMCG market.