A Group Company of Mercuria and a Group Company of Solara & Co Sign a Memorandum of Understanding (MOU) on Capital Participation and Business Partnership
S&C Joint Stock Company (hereinafter "S&C"), the Vietnamese entity of the Solara & Co Group, has signed a Memorandum of Understanding (MOU) on capital participation and business partnership with Mercuria (Thailand) Co., Ltd. (hereinafter "MTC"), effective August 1, 2025. Under this partnership, Mercuria (Vietnam) Co., Ltd. (hereinafter "MVNC"), a group company of Mercuria Holdings, Inc. (Japan, hereinafter "Mercuria"), will provide support for local operations.
From left: Solara & Co Group Co-Founder Truong Thanh Ngan Ha; Mercuria (Thailand) Co., Ltd. President & Representative Director Minoru Momota; Solara & Co Group Co-Founder Le Ngoc Bao Vi
Mercuria Holdings, Inc. (Japan) was established in 2005 and is now an investment company listed on the Prime Market of the Tokyo Stock Exchange. Under a public-private partnership framework with the Development Bank of Japan (DBJ) and others, it is advancing efforts toward realizing a sustainable society. In Southeast Asia, it has steadily expanded, beginning with the establishment of MTC in 2018 and the establishment of MVNC in December 2022. On this occasion, after thorough due diligence and constructive dialogue, MTC agreed to make our company, S&C, its strategic partner in the M&A field. This partnership has been built on the shared vision and mutual understanding of the two companies, and the creation of further synergies through future collaboration is anticipated.
MOU signing between S&C Joint Stock Company (Solara & Co Vietnam) and Mercuria (Thailand) Co., Ltd.
In recent years, in the ASEAN region including Vietnam, demand for business succession among small and medium-sized enterprises and demand for cross-border M&A by Japanese companies have been expanding. MTC and MVNC have a strong track record in alternative investment for Japanese companies and investors, as well as expertise in financing and structuring for cross-border deals; they are companies equipped with high-level proposal capabilities and an execution-support structure that responds to the diverse investment needs of Japanese companies and investors. S&C, on the other hand, has experience providing M&A advisory services and management support in Vietnam, and aspires to realize sustainable M&A accompanied by enhanced corporate value. Through this partnership, the two companies aim to build a collaborative structure that leverages each side's expertise, thereby contributing to the creation of high-quality investment opportunities and to the economic development of both countries involved.
Mercuria (Thailand) Co., Ltd. President & Representative Director Minoru Momota delivers a message to the employees of both companies at the signing ceremony
Going forward, the two companies will leverage their networks to jointly develop a deal pipeline. MTC and MVNC will share the latest trends and investment opportunities in the Vietnamese market with Japanese companies, while S&C will expand opportunities to collaborate with promising local companies, thereby continuously generating cross-border deals.
Commemorative photo
