Under the leadership of Chairman Mr. Prayudh Mahagitsiri, PM Group manages the businesses of various subsidiaries with assets valued over USD 2 billion. The company also holds a stake in Thoresen Thai Agencies PLC, a strategic investment holding company with three primary business groups - Transport, Energy, and Infrastructure, as well as many other associate companies such as POSCO Thainox PLC and Mermaid Maritime PLC.
Baconco Co., Ltd. manufactures and markets synthesized chemical fertilizers along with mineral fertilizers such as phosphate and potash. It also supplies new seeds and materials for agricultural market. The company was founded in 1995 and is based in Ba Ria, Vietnam. Baconco enjoys the exclusivity of the patent on USP (Super Phosphate Urea) for Vietnam, Cambodia, and Laos. It is the only company in Vietnam with the expertise and equipment to produce the high-margin USP- based fertilisers. Baconco has an extensive distribution network with about 200 independent wholesalers and 8,000 sales outlets that cover the entire country. Baconco is a well-known brand in Vietnam associated with high quality products.