Asset World signed a joint venture agreement with Shin-Nippon Wex

 

(From left) Hirofumi Sato, President of Toyota Tsusho (Thailand) Co., Ltd.; Kiyohiko Hirose, Senior Managing Director; Jumpei Hirose, President of Shin-Nippon Wex Co., Ltd; Soammaphat Traisorat, Chief Executive Officer; Wallapa Traisorat, President; Nishant Grover, Chief Operating Officer of Asset World.

Bangkok – November 28, 2016 – Asset World Leisure Co., Ltd. (“Asset World”), a member of TCC Group, signed a joint venture agreement with Shin-Nippon Wex (“Wex”) and Toyota Tsusho (Thailand) Co., Ltd., for commercial laundry business.

Wex is one of the largest commercial laundry companies in Japan and mainly serves the high-end hospitality and F&B market. Asset World runs commercial laundry operations in Bangkok, Chiang Mai and Koh Samui, besides being one of the largest hotel owners in Thailand.
“The JV brings together the industry expertise of Wex with the infrastructure of Asset World. We strive to deliver the best in quality and service. I am confident that we will achieve this objective with the precision that our Japanese partners are known for” said Nishant Grover, Chief Operating Officer of Asset World at the signing ceremony. 

On the occasion of signing, Kiyohiko Hirose, Senior Managing Director of Wex, who would also serve as the CEO of the JV, mentioned “We are very excited about partnering Asset World and we look forward to introducing new offerings in laundry business to the benefit of our customers”.