Tan Hiep Phat Beverage Group (THP) founder Tran Qui Thanh and daughters Phuong Uyen Tran (L) and Tran Ngoc Bich at their office. Photo: Handout Tan Hiep Phat Beverage Group (THP) founder Tran Qui Thanh and daughters Phuong Uyen Tran (L) and Tran Ngoc Bich at their office. Photo: Handout
Tan Hiep Phat Beverage Group (THP) founder Tran Qui Thanh and daughters Phuong Uyen Tran (L) and Tran Ngoc Bich at their office. Photo: Handout
Vietnam
Asia /  Southeast Asia

Vietnamese tea maker that rejected Coca-Cola buyout seeks US$3 billion to rival Red Bull

  • Tan Hiep Phat Beverage Group, known as THP, is Vietnam’s top local non-alcoholic beverage maker, with products like Zero Degree Green Tea
  • The family company turned down a US$2.5 billion offer from Coca-Cola seven years ago, saying they had ‘different visions’

Topic |   Vietnam
Bloomberg
Bloomberg

Updated: 4:36pm, 16 Oct, 2019

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Tan Hiep Phat Beverage Group (THP) founder Tran Qui Thanh and daughters Phuong Uyen Tran (L) and Tran Ngoc Bich at their office. Photo: Handout Tan Hiep Phat Beverage Group (THP) founder Tran Qui Thanh and daughters Phuong Uyen Tran (L) and Tran Ngoc Bich at their office. Photo: Handout
Tan Hiep Phat Beverage Group (THP) founder Tran Qui Thanh and daughters Phuong Uyen Tran (L) and Tran Ngoc Bich at their office. Photo: Handout
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