Fraser and Neave Limited (“F&N”) (F99.SI) is one of the leading players in the food and beverage space in Asia Pacific. It was founded in 1883 by two Scotsmen John Fraser and David Chalmers Neave. They established The Singapore and Straits Aerated Water Company to produce carbonated soft drinks. A couple of years down the road, F&N became a public company after issuing shares to the public.
With many milestones along the way, F&N became the company that we are familiar with today, with staples brands like 100 Plus, Seasons, Ice Mountain, NutriSoy, Magnolia, Farmhouse and more.
Here are some of the notable milestones along the way:
- 1931: JV with Heineken N.V. to form Malayan Breweries Limited (Asia Pacific Breweries Limited) to produce beer
- 1936: Awarded the Coca-Cola bottling franchise for Singapore and Malaysia
- 1959: Region’s first sweetened condensed milk plant built in Malaysia, under …