Who owns Bear Brand (Thailand and Laos)?
Bear Brand (Thailand and Laos) is made and sold by F&N Holdings (Malaysia, Bursa Malaysia: F&N) under licence, an arrangement in place since 2007; F&N Holdings does not own the name.[1] The Bear Brand name is owned by Nestlé.
Evidence: Fraser & Neave Holdings Bhd Annual Report 2025. Last checked .
Key facts
- Licensed to
- Fraser & Neave Holdings Bhd reported
- Since
- Headquarters
- 🇲🇾 Malaysia, Petaling Jaya, Selangor
- Origin
- 🇨🇭 Switzerland
- Category
- Food › Dairy & alternatives › Milk & cream
- Parent ticker
- Bursa Malaysia: F&N
- Last verified
- · 2 sources
About Bear Brand (Thailand and Laos)
Bear Brand is the leader in Thailand's sterilised milk category and is manufactured and distributed there by F&N under the same Nestlé trademark licence that covers Carnation, which runs until 2037. The brand belongs to Nestlé, which sells it under its own management in other Asian markets, so the answer to who makes Bear Brand depends on which country you are standing in.
Ownership timeline of Bear Brand (Thailand and Laos)
Where Bear Brand (Thailand and Laos) sits in F&N Holdings
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full F&N Holdings ownership tree →
See the full F&N Holdings brand portfolio (11) →
Other brands owned by F&N Holdings
F&N Holdings controls 12 brands on Brandtree, 7 of them in food.
Also in food
Other brands in milk & cream, and who owns them
The 172 brands in milk & cream on Brandtree belong to 81 owners. The largest is Dairy Farmers of America, with 10; F&N Holdings has 3.
| Brand | Owner | Owner based in |
|---|---|---|
| Alta Dena Dairy | Dairy Farmers of America | 🇺🇸 United States |
| Angkormilk | Vinamilk | 🇻🇳 Vietnam |
| Betta Milk | Bega | 🇦🇺 Australia |
| Coronado | Dos Pinos | 🇨🇷 Costa Rica |
| Ambewela | Lanka Milk Foods | 🇱🇰 Sri Lanka |
| Hi High | SUU | 🇲🇳 Mongolia |
| Guliduo | Yili | 🇨🇳 China |
| Campina | FrieslandCampina | 🇳🇱 Netherlands |
About the owner: F&N Holdings
F&N Holdings is a publicly listed company headquartered in Petaling Jaya, Selangor, Malaysia, founded in 1883.
F&N Holdings is the Malaysian arm of a soft drinks and dairy business that began in 1883, when John Fraser and David Chalmers Neave founded The Singapore and Straits Aerated Water Company. It is listed on Bursa Malaysia, is Syariah-compliant, turns over more than 5 billion ringgit a year and operates in Malaysia, Brunei, Thailand and Indochina. It is itself a subsidiary of Fraser and Neave, Limited of Singapore, and has been buying its way into packaged food, taking the Sri Nona companies in 2020 and Cocoaland in 2022.
F&N Holdings: full profile, brands and acquisition history →
🇨🇭 Bear Brand (Thailand and Laos) and other Swiss brands
Brandtree records a controlling owner for 129 brands that began in Switzerland. 36 of them (28%) are now controlled by a company headquartered in another country, Bear Brand (Thailand and Laos) among them.
Frequently asked questions
Who makes Bear Brand (Thailand and Laos)?
F&N Holdings makes and sells Bear Brand (Thailand and Laos) under a licensing agreement that has been in place since 2007.
Does F&N Holdings own Bear Brand (Thailand and Laos)?
No. F&N Holdings holds a licence to make and sell Bear Brand (Thailand and Laos), which is not the same as owning it.
Where did Bear Brand (Thailand and Laos) come from?
Bear Brand (Thailand and Laos) originated in Switzerland.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Fraser & Neave Holdings Bhd Annual Report 2025 — Fraser & Neave Holdings Bhd, Annual report; retrieved 16 September 2026.
- [2] Fraser and Neave, Limited Annual Report 2024 — Fraser and Neave, Limited, Annual report; retrieved 16 September 2026.
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