Charoen Pokphand Group
 |
|
| Private (family-owned) | |
| Industry | Conglomerate |
| Founded | 1921 |
| Headquarters | Bangkok, Thailand |
|
Area served
|
Worldwide |
|
Key people
|
Dhanin Chearavanont, Chairman and CEO |
| Products |
Meat, Frozen food, Restaurants, Telephone companies, Internet service provider, Hypermarkets, Convenience Stores, Automobiless, Cable Television, |
| Owner | Chearavanont family |
|
Number of employees
|
500,000 |
| Subsidiaries |
Ping An CP ALL Charoen Pokphand Foods True Corporation Ascend Group Lotus Supercenter Super Brand Mall Siam Makro Chester Grill Restaurants Dayang Motors |
| Website | www.cpgroupglobal.com |
The Charoen Pokphand Group (CP) (Thai: เจริญโภคภัณฑ์; rtgs: Charoen Phokkhaphan) is a Thai conglomerate company located in Bangkok. It is Thailand's largest private company and is one of world's largest conglomerates. It consists of three core businesses that operate in agribusiness and food, retail and distribution, and the telecommunications industries with investments in over 20 countries. Founded in 1921, the CP Group currently employs, through its subsidiaries, over 500,000 people with offices and factories worldwide.
It is the largest shareholder in Ping An Insurance and a major shareholder in CITIC Group of China and of Japan. In addition to these core businesses, C.P. owns controlling stakes in Charoen Pokphand Foods (CPF), the world's largest producer of feed, shrimp, and a global top 3 producer of poultry, pork, among other agricultural produces. It also operates South East Asia's largest retail business by revenue, with over 8,000 Seven Eleven stores and a leading cash and carry business through Siam Makro. In the telecommunications sector, CP Group subsidiary, True Group, is one of the largest telecom firms in South East Asia with over 25 million mobile customers.
With some 200 subsidiaries in China, CP Group is known in China as "Chia Tai" (正大). When China opened up its economy in 1978, CP Group was the very first foreign investor in the country and became the first foreign company registered in the special economic zone of Shenzhen, in Guangdong Province. The corporate registration number was "0001." Through its extensive investments, CP Group has been credited with changing the country's dietary habits and leading China's green revolution.
Charoen Pokphand traces its beginnings back to 1921, when the Chinese immigrant brothers Chia Ek Chor (谢易初) and Chia Siew Whooy (谢少飞) started a seed store named Chia Tai Chueng in Bangkok's Chinatown during the reign of King Rama VI. They imported seeds and vegetables from China and exported pigs and eggs to Hong Kong.
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Wikipedia