Vedan is a Vietnam-based vertically integrated natural food additives producer of MSG, lysine, modified starch and related products. Together with its parent company, Vedan Taiwan, the Group is the 2nd largest global producer of MSG. Vedan Taiwan is one of the largest branded food producers in Taiwan. Vedan was listed on the Hong Kong Exchange in 2003.
DBS Value-Add
Investment Thesis
Advised the Company on reorganization
Provided Equity Capital Market services
Active Board participation
Company has economies of scale and is a low cost producer
High barriers to entry due to its capital intensive nature, requirement of technical expertise, established brand and distribution network
Highly experienced operator - its parent Vedan Taiwan has been operating for 47 years