Masan Group Corporation (HOSE: MSN) is among the top three largest private sector companies in Vietnam in terms of market capitalization. The group was founded in 1996 and is headquartered in Ho Chi Minh city. Its subsidiaries include Masan Food (consumer staples), Techcombank (financial services) and Masan Resources (mining). The group launched on the Ho Chi Minh Stock Exchange on 5 November 2009.
Masan Group was among the first domestic Vietnamese corporations to adopt a growth strategy that taps foreign sources of capital for acquisition-driven expansion. In April 2011, the group's subsidiary Masan Consumer Corp. became the recipient of Vietnam's largest private-equity investment when KKR paid US$159 million for a 10% stake in the company. This investment was viewed as a validation of Vietnam's M&A potential.
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