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Magazines Archives - 2008 August
CRC buys over Siam Makros office-supplies unit in business-boosting move
Story 12 - News
BANGKOK-BASED Central Retail Corporation (CRC) has bought over office-supplies business Makro Office Centre from Siam Makro, one of Thailands leading cash-and-carry groups
for 320 million baht (US$9.615 million).
The move is slated to strengthen the core businesses of both companies. Said CRCs executive vice-president, Ivor Morton: The office-supplies business has a total value of more than
90 billion baht, of which about 25% is [transacted] through modern retailers. It has shown healthy growth year on year.
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