date:Jun 25, 2013
ith Indonesian food and beverage group GarudaFood. Suntory has said that it is also eyeing the Middle East, Africa and Latin America through acquisitions.
But industry officials and analysts say that acquisitions, especially in Southeast Asia, are increasingly costly and difficult to execute.
Such concerns came to light earlier this year when Kirin lost the chance to buy Singapore-listed Fraser and Neave Ltd's (FN) food and beverage business after Thailand's TCC Assets Ltd and Thai Beverage PC