1. 24h PHỞ acquirer
Spending more than $ 20 million to acquire 100% stake in the chain of pho 24h system is seen as a strategic move of Highland.
There are 2 ways to do business popular chain stores. One is now after branding, marketing for the chain stores will carry a franchise like the case of Pho 24. The second is enterprise management and its chain stores do not sell franchises as Highlands Coffee before selling 50% stake to Jollibee.
but in that moment, Pho 24 has differentiated business model with Highlands Coffee. Pho 24 brand plus signs come down and be damn expensive consumer (up from 24,000 VND / bowl in 2003 to 39,000 VND / bowl 2012), quality of service decline, does not guarantee the quality of copper the most in the series.
But this time his strategy David Thai is not just stop at Pho 24h merging with highlands, but also taking into account the financial interests chinh.Trong this case, it seems to being done Highlands Coffee financial investment, buy Pho 24 and then re-sell them to Jollibee. Can the sale of a chain of coffee at 2 and pho in Vietnam will be increased more than the value of the deal and the size that want to enter the market Jollibee Vietnam. Highlands Coffee Pho 24 and the difference in the form of chain business is not important to the Highlands Coffee because they were aiming to resell.
After the acquisition of pho 24h, Highlands can put this famous noodle brand on their menus and food diversification advantages besides its coffee.
According to Nguyen Trung Thang, Masso Consulting President, this is merely acquisitions aimed at seeking profits in particular that VTI Highlands coffee in general.
By contrast, in pho 24h, also aims to profit when they sell the brand to build since 2003. Generally, though others on the way business and chain of pho 24h but that highland coffee for coffee highlands do not care important because they had planned to sell them to a foreign enterprise. 2 brand combines coffee chains and famous noodle in an M & A is a wise step of VTI. but about the way business and chain of pho 24h but that highland coffee for coffee highlands does not matter because they were planning to sell them to a foreign enterprise. 2 brand combines coffee chains and famous noodle in an M & A is a wise step of VTI. but about the way business and chain of pho 24h but that highland coffee for coffee highlands does not matter because they were planning to sell them to a foreign enterprise. 2 brand combines coffee chains and famous noodle in an M & A is a wise step of VTI.
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