Aboitiz Foods completes the acquisition of Diasham Resources to expand Specialty Nutrition Business’ Regional Reach

Aboitiz Equity Ventures, Inc.'s (“AEV”) food group, Aboitiz Foods, through its subsidiary Gold Coin Management Holdings Pte. Ltd. (“GCMH”), announces the completion of the acquisition of Diasham Resources Pte. Ltd. (“Diasham”), a Singapore-based manufacturer and distributor of high-quality animal nutrition and health solutions. 

Conditions have been completed for the full equity acquisition of Diasham, which significantly expands Aboitiz Foods' specialty nutrition portfolio and strengthens its manufacturing capabilities. The final consideration is subject to customary closing adjustments, including cash, debt-like items, and working capital.

With nearly five decades of expertise, Diasham is well-regarded for its high-quality solutions, including feed additives, water-soluble products, injectables, and liquid products, serving a broad customer base across the Asia-Pacific region. It has established distribution networks in key markets—including Thailand, Indonesia, China, Hong Kong, South Korea, Taiwan, Philippines, Vietnam, Malaysia, and Bangladesh—bolstering Aboitiz Foods’ regional footprint.

“This acquisition gives us a more complete range of products and solutions to offer our customers across the region,” said Tristan Aboitiz, President and CEO of Aboitiz Foods. ”Diasham has built a strong legacy and developed deep customer relationships over many decades; factors that mattered very much in our decision to engage in this transaction. We look forward to carrying on the legacy and to working with the talented team at Diasham to continue to enhance the ways in which we add value to our customers’ businesses across the region.”

This acquisition builds on Aboitiz Foods’ successful expansion in Asia, following its initial international investment in Vietnam over a decade ago and the 2018 acquisition of GCMH, which now represents the company's largest operations outside the Philippines. 

Aboitiz Equity Ventures (AEV), one of the Philippines’ leading conglomerates with over a century of history, has been recognized among the Fortune Southeast Asia 500 top-performing companies and named one of the World’s Best Companies by Time Magazine. With strategic investments in power, banking and financial services, food and beverage, infrastructure, land, and emerging fields such as data science and artificial intelligence, AEV continues to play a vital role in driving national progress and regional growth.

Renowned for its strong corporate governance and sustainability practices, AEV is consistently cited as one of the best-managed companies in the Philippines and Southeast Asia. Today, the company is pursuing its Great Transformation to become the country’s first Techglomerate—leveraging innovation and technology to create long-term value while advancing business and communities.

As a member of the United Nations Global Compact, the Global Compact Network Philippines Board of Trustees, the APEC Business Advisory Council, and the Council for Inclusive Capitalism, AEV champions sustainability on a global scale. Through its #OneAboitizSustainability Synergy model, it is transforming its life-essential businesses to strengthen sustainable practices and create lasting positive impact on society and the environment.

Aboitiz Foods is an integrated regional food and agribusiness company driven by its massive transformative purpose, "Sustainably Feeding Asia's Growth from Mill-to-Meal." The company is committed to growing sustainably alongside Asia's evolving needs.

As one of Asia's largest privately owned food and agribusiness companies, Aboitiz Foods operates in eight countries: the Philippines, Singapore, China, Vietnam, Malaysia, Indonesia, Thailand, and Brunei. Through its producer brands (Pilmico and Gold Coin) Aboitiz Foods integrates the value chain, including trading, feeds, specialty nutrition, and food. By leveraging world-class technology and expertise, Aboitiz Foods delivers quality products and services to its customers. 

In its journey moving forward, advancing business and communities is how the Aboitiz Group will drive change for a better world, with Aboitiz Foods upholding its promise: "Together we nourish the future." 

GCMH is a subsidiary of Aboitiz Foods Pte Ltd., a Singapore-based subsidiary fully-owned by AEV.