CP Axtra completes acquisition of Malaysian premium supermarket group

CP Axtra has completed the acquisition of 100% of the shares in The Food Purveyor Sdn. Bhd. (TFP) Group, a premium supermarket operator in Malaysia. The transaction, finalized on September 1, 2026, was executed through its indirect subsidiary, Lotus’s Stores (Malaysia) Sdn. Bhd.

The acquisition includes 50 retail outlets operating under premium brands such as Village Grocer, B.I.G, BSC Fine Foods, OTK, and The Food Merchant. While the final investment value was not disclosed in the latest announcement, previous reports estimated the deal at approximately MYR 1,660 million (roughly 13,483 million THB).

This move is part of CP Axtra’s regional expansion strategy to strengthen its presence in the Malaysian market. By integrating TFP’s premium network with its existing 70 Lotus’s stores in Malaysia, the company will operate a combined network of over 120 locations, targeting high-income urban areas and diverse consumer segments.