Thai President Foods Public Company Limited (TFMAMA)—renowned for its Mama instant noodles and Farmhouse bakery products—has notified the Stock Exchange of Thailand that its subsidiary, Thai President Beverage Co., Ltd., has invested 142,417,500 baht to acquire a 51% ownership stake in CHAGEE (Thailand) Co., Ltd., a prominent tea retail brand operating in Thailand.
This strategic investment aims to deliver sustainable, long-term value for the company group, with funding sourced from existing working capital.
CHAGEE has made its official comeback in Thailand, unveiling three revitalized Tea Bar outlets in the heart of Bangkok. The grand reopening festivities spanned May 21–23, 2025, and were held across Park Silom, Exchange Tower, and Vanit Village. CHAGEE’s latest outlet is located at Central World Trade Center, 6th Floor and at Don Mueang International Airport.
