History
History Tipco
Tipco Foods Public Company Limited was previously known as Thai Pineapple Public Company Limited which was established on 22 March 1976 with a registered capital of 10 million baht. Currently, the company has increased its registered capital to 500 million baht. The factory is in the urban area of Prachuap Khiri Khan. The main product of the company is canned pineapple, pineapple juice and pineapple juice concentrate for export
- The company accessed the Stock Exchange of Thailand in 1989 under the “TIPCO” symbol. Currently, Tipco Foods is one of the leading pineapple processing companies for export in Thailand.
- Moreover, the company has also expanded the investment into the ready-to-drink fruit juice business under Tipco F&B Co., Ltd. and retail business of fresh fruit smoothies under Tipco Retail Co., Ltd. as well.
The company realizes the importance of research and development of agricultural products by investing in Tipco Biotech Co., Ltd. which has researched and developed the plant species and plant extracts as well as the pineapple species called Tipco Homsuwan which is a patent of Tipco in particular onwards.
Established the company
Under the name of Thai Pineapple Co., Ltd on 22 March 1976 and established a pineapple factory on 150 rai in Prachuap Khiri Khan.
2519
Registered on the Stock Exchange of Thailand
on 22 September 1989 and changed its name to Thai Pineapple Public Co., Ltd in 1992.
2532
Founded company Tipco F&B Company Limited
Founded company Tipco F&B Company Limited for running ready-to-drink fruit juice business
2536
Expanded into the retail business
Founded Tipco Retail Co., Ltd to expand retail into the retail business of fresh juice smoothies
2547
Expand the business into natural mineral water products.
took over a factory and Aura mineral water from Thoranee Pipat Co., Ltd.
2548
Be the partner
Be the partner with leading companies in Japan
Founded Tipco Biotech Co., Ltd. to research and develop plant species
2550
Introduced Tipco Homsuwan to the market
Tipco Biotech Co., Ltd. researches and develops high-quality pineapple varieties with exceptional taste through its Tissue Culture Lab biology laboratory and has started selling fresh pineapple under the "Homsuwan" brand.
2552
Change the company name
Change the company name from Tipco Foods (Thailand) Public Co., Ltd to Tipco Foods Public Co., Ltd.
2554
Has been certified Good Manufacturing Practice (GMP) standard
Tipco Biotech Co., Ltd. has been certified Good Manufacturing Practice (GMP) standard by the National Food Institute.
2556
Established Tipco Pineapple Company Limited
Established Tipco Pineapple Company Limited to restructure the business of producing and selling processed fruits by partial business transfer where the Company is a 100% shareholder in Tipco Pineapple Company Limited.
2560
Expanded the production of natural mineral water
Expanded the production of natural mineral water by investing in new factories and natural mineral water sources in Phukham Subdistrict, Wichian Buri District, Phetchabun Province, which has a production capacity of about 140 million bottles per year.
2561
Drive distribution through online channels
Drive distribution through online channels which continues to grow and is able to meet the needs and is convenient to consumers. Consumers can order products online through the Company’s websites which includes www.tipcoshop. com, www.auramove.net, www.tipcoherb.com, e-Marketplace channels which include Lazada, Shopee, JD Central, Food Panda and Lineman. Media Partner channels include Amado, RS Mall, CO-DC e-Market, and social media channels. In addition to Facebook, Instagram, and Twitter, channels with online activity via Influencer, TikTok, and other media has also been added.
2565
Launch a new product within the Tipco Foods group
New products under the Tipco Foods Company are as follow : 1. Tipco Nature Up+ - Oat Milk with with Isomaltulose in Black Sesame and Original flavor 2. Tipco Chewy – Lychee flavored drink with coconut jelly, Coconut flavoured drink with coconut jelly, orange flavoured drink with coconut jelly 3. Fresh-cut Homsuwan pineapple – began selling in 7-11 stores in Quarter 3 of 2023.
In 2023, the Company made adjustment to the business structure and business operations strategies. New policies determined that the business structure aligns with Company’s group of companies, and has defined the business into three types of business : Core Business, Non-core-business and Potential-business. Management of the businesses structure is designed to be robust and adaptable to today’s rapid changes, such as terminating all Tipco Squeeze shops since 1 December 2023, to align with business strategies.