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Business

Thailand's Saha to step up distribution with help from Seino

BANGKOK -- Thai consumer goods conglomerate Saha Group and Japan's Seino Holdings will form a joint distribution business with an eye toward regional expansion, Saha announced Friday.

     Seino-Saha Logistics will be set up in September. Saha will contribute 39% of the 20 million baht ($590,000) in capital, while logistics company Seino will supply 51%. The joint venture will use Saha's domestic warehouses to build a distribution network in Thailand, initially handling food and household products made by Saha.

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