TOKYO -- Japanese trading house Marubeni is investing more in Southeast Asian consumer businesses, aiming to make two or three investments of over 10 billion yen ($64 million) each annually, turning the sector into a pillar of its portfolio.
The investments are being made through Marubeni subsidiaries founded in Singapore in 2021 and in the U.S. in 2022. The companies are willing to pay up to 20 billion yen per deal, acquiring significant minority stakes, up to 100% buyouts, according to Marubeni.
