OR takes 20% share in Okajhu eatery
Petrol stations set to host more outlets
PTT Oil and Retail Business (OR) has bought a 20% share worth more than 400 million baht in Okajhu organic restaurant business under its merger and acquisition strategy to grow non-oil retail, including more Okajhu branches at PTT petrol stations.
Okajhu organic restaurant. The OR investment in Okajhu is expected to promote the organic vegetable business.
Okajhu has 14 restaurants nationwide while OR operates more than 1,900 oil refilling stations, which often include mixed-use areas for shopping, convenience stores and Cafe Amazon coffee shops.
The new investment contract was signed on Thursday between Okajhu operator Pluk Phak Praw Rak Mae Co and Modulus Venture, a subsidiary of OR, in a ceremony presided over by OR president and…
