Acquisition of additional shares of Thai Nisshin Technomic Co., Ltd.
Contributed by Ms Alisa Visuthvarin, SCTL Food & Materials Dept
Prepared flour mix (PREMIX) is the mixture of flour and other ingredients to provide coating, texture and flavour to the food raw materials as well as improve adhesion of food and coating, and keep the moisture of the products. It brings product consistency, convenience, cost and time saving, high quality control and confidentiality of the recipe to the customers.
Examples of finished products made of premixes
Nisshin Seifun Welna’s Tempura batter
Thai Nisshin Technomic Co., Ltd. (TNT) is Thailand’s leading prepared flour mix manufacturer. It was established in 1991. TNT is a subsidiary of Nisshin Seifun Group of Japan, one of Japan’s leading food companies which has diversified into various business areas including flour milling (No.1 wheat flour sales in Japan), processed food ‘Nisshin Seifun Welna’ brand (No.1 Japan’s household-use product) such as premix, pasta, pasta sauce, yeast and biotechnology business, pharmaceutical and healthcare food business, and engineering.
On 30 June 2022, STHL* acquired 17.5% of TNT’s shares from STIL* and additional shares from Thai MC to become the 2nd major shareholder with total 33% of shareholding ratio after Nisshin Seifun group. On the other hand, SCTL and SC group have cooperated with TNT to expand the market domestically to processed food and bakery manufacturers, for instance, CPF Group, and internationally especially Southeast Asia. SCTL supplies the food ingredients to TNT. We are also exploring other alternative raw materials via SC network such as egg white powder and soluble oat from South America, potato/wheat starch from EU. SC Foods Co., Ltd., wholly owned by SC Tokyo, imports some frozen processed meat products made of TNT’s premixes into Japan for convenience stores and supermarkets.
(Left to right) Mr Tomoki Shiotani, Division GM of SCTL Media, Digital, Living Related & Real Estate & TNT Director and Mr Ippei Nakao, TNT Vice President
Thailand’s estimated overall seasoning, breadcrumb and related premixes market in 2021 was 19 billion baht of which approximately 7% was TNT’s market share, and TNT’s product is only premix. Last year, TNT’s sales were 1,476 million baht or 4.3% growth.
*Sumi Thai Holdings Limited (STHL), a holding company under SC Group, is holding 25% shares in Sumi-Thai International Co., Ltd. (STIL).