Masan Group
{{short description|Vietnamese conglomerate founded in 1993}}
{{Infobox company
| name = Masan Group
| logo = Masan Group logo.png
| type = Public
| traded_as = {{HOSE|MSN}}
| genre =
| foundation = 1996
| founder = Nguyễn Đăng Quang
| hq_location = Techcombank Saigon Tower (or Masan Tower)
23 Lê Duẩn Boulevard, Ben Nghe
| hq_location_city = District 1, Ho Chi Minh City
| hq_location_country = Vietnam
| key_people = Nguyễn Đăng Quang (Chairman)
| industry = Conglomerate
| brands = *Phuc Long Heritage
- MEATDeli
- Techcombank
- Omachi
| services =
| revenue = {{Increase}} 43.298 trillion VND (2016){{citation |url= http://vingroup.net/Uploads/0_Information%20Release/2018/2017_Audited%20Consolidated%20Financial%20Statement.pdf |publisher= Vingroup Joint Stock Company Consolidated Financial Statement |date= 31 December 2017 | title = Consolidated Financial Statements}}
| net_income = {{Fall}} 2.791 trillion VND (2016)
| assets = {{Increase}} 73.039 trillion VND (2017)
| equity =
| owner =
| parent =
| num_employees =
| divisions =
| subsid = *WinCommerce
- Masan Consumer
- Masan High-Tech Materials
- Masan MeatLife (joint venture Mayora Indah)
| homepage = https://www.masangroup.com/
| footnotes =
}}
Masan Group Corporation, ({{Langx|vi|Công ty cổ phần Hàng tiêu dùng Masan}}), is among the top three largest conglomerate private sector companies in Vietnam in terms of market capitalization.{{cite web|title=HOSE constituents by market cap|url=http://www.stoxplus.com/market_data.asp?action=cptv&san=0&cptvID=1&OrderBy=5|publisher=Stoxplus|accessdate=3 February 2012|archive-url=https://archive.today/20140902031130/http://www.stoxplus.com/market_data.asp?action=cptv&san=0&cptvID=1&OrderBy=5|archive-date=2 September 2014|url-status=dead}}
The group was founded and is headquartered in Ho Chi Minh city. Its subsidiaries include Masan Consumer Holdings (consumer staples), Techcombank (financial services) and Masan Resources (mining). The group launched on the Ho Chi Minh Stock Exchange on 5 November 2009.
Masan Group was among the first domestic Vietnamese corporations to adopt a growth strategy that taps foreign sources of capital for acquisition-driven expansion. In April 2011, the group's subsidiary Masan Consumer Corp. became the recipient of Vietnam's largest private-equity investment when KKR paid US$159 million for a 10% stake in the company.{{cite news|title=KKR Buys Masan Stake in Biggest Vietnam Private Equity Deal|url=https://www.bloomberg.com/news/2011-04-13/kkr-buys-masan-stake-in-biggest-vietnam-private-equity-deal-1-.html|accessdate=3 February 2012|newspaper=Bloomberg News|date=13 April 2011}} This investment was viewed as a validation of Vietnam's M&A potential.{{cite web|title=Riding Asia's Next M&A Wave: Challenges for Legal Practitioners Operating in Vietnam|url=http://asia.legalbusinessonline.com/news/analysis/riding-vietnams-next-manda-wave-challenges-for-legal-practitioners-operating-in-vietnam/106877|publisher=Asian Legal Business|access-date=2012-02-03|archive-date=2012-03-21|archive-url=https://web.archive.org/web/20120321064830/http://asia.legalbusinessonline.com/news/analysis/riding-vietnams-next-manda-wave-challenges-for-legal-practitioners-operating-in-vietnam/106877|url-status=dead}}
The company was founded by its chairman, Nguyen Dang Quang, who following a doubling of the share price in the six months to January 2018, had a net worth of US$1.2 billion.{{cite web|url=https://www.bloomberg.com/news/articles/2018-01-18/-must-have-fish-sauce-helps-create-new-vietnam-billionaire|title=Fish Sauce Helps Vietnam Mint Its Newest Billionaire|author=|date=18 January 2018|publisher=|accessdate=12 February 2018|via=www.bloomberg.com}}
In December 2019, Masan Group acquired a controlling stake in VinGroup's retail division VinCommerce, which operates under the VinMart brand.{{Cite web|url=https://vietnaminsider.vn/vincommerce-and-vineco-of-vingroup-will-be-merged-with-masan-consumer/|title=VinCommerce and VinEco of Vingroup will be merged with Masan Consumer|date=3 December 2019}}
References
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