Energy drink maker commits B4 billion to local brewing operation with sales to start in Q4
Carabao Group chairman Sathien Setthasit is recruiting a German brewmaster to help get production started at the company’s Chai Nat facility. (Photo from the group)
SET-listed Carabao Group (CBG), the maker of Carabao Dang energy drinks, is preparing to invest 4 billion baht to produce beer locally to be marketed in the fourth quarter of this year, according to its chairman.
Sathien Setthasit said on Wednesday that the company would produce bottled and canned beer of a few varieties initially. It has yet to choose a brand name or reveal product pricing.
The company will brew the beer at its plant in Chai Nat…
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