ACC is a leading distributor of high-quality specialty ingredients, chemicals, non-oil related commodities and other materials, sourcing from worldwide suppliers and selling to a wide range of leading enterprises in Vietnam. The company specializes in providing products and services to various industries including food and beverage, cosmetics, pharmaceuticals, bakery and confectionery, feed and veterinary.
Vision and long term strategy
ACC is committed to achieve a US$ 1 Billion company valuation by 2022 and to be Vietnam’s leading company providing chemical ingredients and optimal solutions in:
- Industrial Chemicals
- Expansion of an excellent technical sales team who provides value-added support to customers.
- Deeper market penetration by serving a greater number of smaller customers in addition to the existing large key clients.
- Expansion into production of ingredients where significant profit growth opportunities and local competitive advantages exist.
- Increase of working capital efficiency.
Since the Fund invested in ACC, the company has achieved a cumulative annual net profit growth rate of 20%. ACC also acquired a majority stake in Golden Frog Trading and Manufacturing Company Ltd., a leading manufacturer of flavor and fragrance in Vietnam.