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Thai plant-based food and beverage producer V Foods has announced its intention to list on the Market for Alternative Investment (MAI) to raise funds for expansion. Owned by Apirak Kosayodhin, the former Bangkok governor, V Foods transformed into a fully plant-based operation earlier this year to meet rising demand in Thailand. 

In June this year, V Foods signed a memorandum of understanding with seafood giant Thai Union Group to develop and expand their plant-based food businesses. Under the partnership deal, the two companies will use Thai Union’s facilities to produce V Foods’ range with expansion into global markets high on the agenda. V Foods holds a similar deal with More Food Innotech, producer and distributor of the More Meat plant-based brand.

Thai Union V Foods
Thiraphong Chansiri, CEO at Thai Union Group, and Apirak Kosayodhin,…