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Thursday, May 2, 2024

Loxley Trading eyes product acquisitions

Mr Suroj is pictured in front of a new WaQ Yakiniku restaurant which opened at
Asiatique The Riverfront last month.

Loxley Trading Co, a consumer goods distribution arm of trading conglomerate Loxley Plc, has vowed to actively pursue product acquisitions and partnerships to enhance its portfolio and mitigate long-term business risks.

According to Suroj Lamsam, chief executive of Loxley, Loxley Trading is looking to acquire manufacturers to expand its product offerings. The desired products should complement Loxley’s existing products, logistics and sales channels, he said.

Loxley Trading may explore joint ventures or strategic partnerships to grow its business instead of solely relying on product distribution for…

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