The move aims to further strengthen the strategic partnership between Marubeni and AIG following an initial investment made in October 2023. AIG is a supplier and manufacturer of food ingredients and packaged food products.

AIG plays a crucial role in the Vietnam food market, which is the fastest growing market in Southeast Asia, with annual growth of approximately 8 per cent. The company provides food and functional ingredient solutions, which are becoming increasingly important to branded packaged food and beverage product customers.

AIG supplies a diverse range of food ingredients, including speciality and high-value nutritional ingredients, and develops food ingredient solutions with its in-house innovation centre, which accommodates the growing consumer demand for convenience and healthy foods.

Furthermore, its business and its product portfolio continue to expand as the company’s operational capability extends beyond distribution to manufacturing and innovation.

Since its initial investment, Marubeni has been a strategic business partner working with AIG on its long-term strategic plan, expanding its natural food ingredients portfolio and new business development initiatives. Through this collaboration, Marubeni has gained additional confidence in AIG’s strategy to build on its solid business foundation, extensive customer network, and high growth potential through portfolio expansion.

Marubeni believes there is a strong alignment between the company and the strategic direction of its Next-Generation Corporate Development Division, which led it to further strengthen the strategic partnership with the acquisition of additional shares. The corporation established the division in 2022 to build a new growth portfolio.

In Southeast Asia, one of the key areas of focus has been the food and beverage sector. Having AIG as a gateway investment, Marubeni is committed to supporting its growth strategy and to capture the growth of the food market in Southeast Asia.