Chanchai ruayrungruang biography of michael

Chinese investment company

Reignwood Group (Chinese: 华彬集团) is a Chinese investment company owning brands and companies in China, the rest of Asia, the UK and the US.

It was founded in 1984 by Chanchai Ruayrungruang (aka Yan Bin), a Thai-Chinese businessman. Reignwood's businesses include consumer products, hotels and residential property, golf courses, wellness centres, travel agencies, aviation, offshore engineering and financing.^[1]

Ruayrungruang got the China licence of Red Bull from the TCP Group, but in 2014 this licence was given to Red Bull GmbH after TCP Group found that Reignwood was claiming 1-1.5bn cans but suspected that the real number was more than 3bn.

Additionally the TCP Group also started selling Red Bull in China. A lawsuit from Reignwood was rejected in the courts.^[2]

In July 2014, Reignwood purchased a 25% stake in All Market, producer of Vita Coco,^[3] and in 2016 acquired a majority control of Voss.^[