Case Study: Rohto Pharmaceutical finds and closes a Thai acquisition with Tractus

Rohto Pharmaceutical acquires THANN in Thailand with Tractus after screening 500+ companies

Rohto Pharmaceutical, a Japanese consumer-health company, sought to grow by acquiring a business in Thailand but had no specific target in mind. They engaged Tractus to find a suitable acquisition target that possessed a strong brand fitting their portfolio, a challenging task in an unfamiliar market.

Tractus implemented a methodical screening process, evaluating over 500 companies against strict criteria to ultimately identify and facilitate a deal with THANN. The vendor managed the entire process, from initial contact and complex valuation through due diligence and closing, resulting in Rohto successfully acquiring a 51% stake in THANN, including its unique wellness hotel asset.

Rohto Pharmaceutical