1. Ownership and Company Status

SATS Food Solutions Thailand (SFST) is a subsidiary of SATS Ltd. (Singapore), established as part of SATS’ strategy to expand its food business in Thailand.

In June 2021, SATS acquired an 85% stake in the company by purchasing Food City, a producer of Thai frozen foods and sauces for both household and industrial sectors.

2. Latest Shareholding

On 31 January 2025, SATS acquired the remaining 15% stake from Bangkok Ranch Public Company Limited for approximately THB 85.5 million, making it the sole 100% owner of SFST.

3. Core Capabilities and Operations

SFST is located in Pathum Thani, Thailand, on a site of approximately 164,688 square meters.

A new factory is under construction (spanning 35,000 sqm), which will expand production capacity to 108,000 ready-to-eat (fresh-frozen) meals per day by the last quarter of 2025.

The company provides ready-to-eat meals to both the aviation sector.

4. Regional Importance

SFST is positioned as SATS’ regional strategic food hub in Asia.

It leverages Thailand’s strong food infrastructure to produce and scale food services using advanced shelf-life extension technology and mass production.

Summary

SATS Food Solutions (Thailand) (SFST) plays a key production role for SATS in the region. It focuses on the ready-to-eat and fresh-frozen meal market for both aviation and non-aviation clients. With expanded facilities, strong partnerships, and full SATS ownership, SFST is expected to grow significantly as a regional food hub.

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