In a strategic move to solidify its presence in the Asian animal health market, Aboitiz Foods, the food subsidiary of listed conglomerate Aboitiz Equity Ventures, has finalized the acquisition of Singapore-based Diasham Resources.
Details of the Acquisition Deal
The transaction, announced on January 12, 2026, was executed through Aboitiz Foods' subsidiary, Gold Coin Management Holdings. The subsidiary acquired 100 percent of Diasham's equity. The company noted that the final consideration is still subject to standard closing adjustments related to cash, debt-like items, and working capital.
This acquisition marks a significant expansion of Aboitiz Foods' specialty nutrition portfolio and its manufacturing footprint across the continent. Tristan Aboitiz, President and Chief Executive Officer of Aboitiz Foods, emphasized the strategic value, stating that the deal provides a more comprehensive range of products and solutions for their regional customer base.
Strategic Expansion and Regional Footprint
Founded nearly 50 years ago, Diasham Resources specializes in manufacturing and distributing critical products for animal health. Its portfolio includes:
- Feed additives
- Water-soluble products
- Injectables
- Liquid solutions
The Singaporean firm has built extensive distribution networks throughout the Asia-Pacific region, covering key markets such as Southeast Asia, China, South Korea, and the Philippines.
This transaction is the latest step in Aboitiz Foods' ongoing regional growth strategy. It builds upon the company's entry into the Vietnamese market over a decade ago and its pivotal 2018 acquisition of Gold Coin Management, which remains its largest operation outside the Philippines.
Implications for the Asian Market
The integration of Diasham's established product lines and distribution channels is expected to significantly enhance Aboitiz Foods' competitive edge in the specialty animal nutrition sector. By combining Diasham's expertise with the existing scale of Gold Coin Management, the Aboitiz group is positioning itself as a more formidable, integrated player capable of serving diverse livestock and aquaculture needs across Asia.
This move underscores the continued consolidation and strategic investments within the agricultural business and animal nutrition industries, as major players seek to offer end-to-end solutions and strengthen their supply chains in a rapidly growing regional market.