We are delighted to announce the acquisition of a majority stake in Bowman Ingredients Thailand, marking a significant milestone in our ambition to expand our footprint in the dynamic Asian market.
Founded as part of the expansion of Bowman Ingredients UK, which was acquired in 2020 by Solina, Bowman Ingredients Thailand has established a respected position in the region under the leadership of Khun Min, who has successfully guided the business in Asia over the years. Specializing in coating solutions for the food industry, the company plays a key role in delivering high-quality, customized solutions to both regional and international customers. With this partnership, we are expanding our coating capabilities while reinforcing our commitment to the ongoing development and growth of our business across Asia.
“Bowman Ingredients Thailand has a strong foundation and an excellent reputation for delivering value to customers in the region,” said Anthony Francheterre, CEO of Solina. “This majority acquisition represents a logical and important step in Solina’s strategy to expand our presence in Asia, ensuring that we can serve our global and regional customers with local manufacturing and technical support. Our customers expect us to be close to them wherever they operate, and this addition reinforces our global footprint.”
The acquisition will unlock new opportunities to leverage its culinary and R&D expertise, providing Bowman Ingredients Thailand with the resources and capabilities needed to broaden its offering and address the evolving demands of the Asian food industry — with a continued strong focus on coating solutions, as well as complementary culinary and functional food solutions.
We express our sincere appreciation to Khun Min, whose leadership and dedication have been instrumental in building and developing the business in the region. Looking ahead, Lars Kroman has been appointed as Managing Director, bringing his extensive industry knowledge and leadership skills to guide the next phase of growth.
“It has been a great honour to lead Bowman Ingredients Thailand and contribute to its growth in the Asian market,” said Khun Min. “Joining the Solina family marks an exciting new chapter for the business, with even greater opportunities to serve our customers through Solina’s extensive expertise, resources, and global network. I am confident that under the leadership of Lars Kroman and with Solina’s support, the business will continue to thrive and deliver exceptional value to our partners in the region.”
This investment further strengthens our commitment to developing solutions that are good for people and good for the planet, while supporting customers across the globe with localized production and expertise.
For more information, please contact:
press@solina.com
