A consortium of investors led by Founders of Bangkok Ranch Public Co.Ltd including the management, Joseph Suchaovanich and Gertjan Tomassen, acquired 80% stake in Bangkok Ranch Public Co. Ltd. from Navis Capital Partners and Rabo Capital in a management buyout for THB 5.7 billion on January 1, 2013. Navis Capital sold 60% stake and Rabo Capital sold 20% stake held in Bangkok Ranch. The sale did not include China-based duck genetics business Cherry Valley Farms. The subsidiary Duck to Holdings is also involved in this deal. The transaction was partially funded by Siam Commercial Bank and Bangkok Bank of THB 4.1 billion. As a result of the divestments, Navis and Rabo netted approximately 1.81 times the initial investment. Lauren Goble of Ryan Financial Communications acted as PR advisor for Navis. Simon Makinson, Arkrapol Pichedvanichok, Sarah Canning-Jones, Chris Burkett, Sarayut Jitprasertngam, Suthida Chettasiripong and Pannalin Jantadee of Allen & Overy LLP acted as legal advisors for Navis Capital Partners. Pakdee Paknara and Passawan Navanithikul of Weerawong, Chinnavat & Peangpanor acted as legal advisors for Joseph Hsu and Gertjan Tomassen. Siam Commercial Bank acted as financial advisor in the transaction.

A consortium led by Founders of Bangkok Ranch Public Co.Ltd including the management, Joseph Suchaovanich and Gertjan Tomassen, completed the acquisition of 80% stake in Bangkok Ranch Public Co. Ltd. from Navis Capital Partners and Rabo Capital in a management buyout on January 1, 2013.