Fair & Easy | About Us
About Us
Fair & Easy Co., Ltd. was founded in December 2004 by Mr. Somsakul Trepunyakul (called Sam) and Mr. Thomas Fernandez (a German national) as a trading and consulting company. Sam's sisters, all of them successful business women in different fields, are the other shareholders. We consider ourselves a family business.
The Owners
Sam, who graduated from Western Sydney University with a Masters in Applied Finance, was in the Modern Trade retail industry in Thailand for over 10 years. He gained his experience by working for Thai and multinational companies in the industry up to senior management level, with control over budgets of several million Baht per month. Through his extensive contacts, we could win Carrefour and Tesco-Lotus in Thailand as our major customers for household items. Furthermore, we offer premium products to several companies. Sam heads the Trade department and is also the Director of Finance.
Thomas graduated from the University of the Thai Chamber of Commerce with an MBA in International Business, and from the Open University in England with an MSc in Computing for Commerce and Industry. He has more than 25 years of experience in the freight forwarding and logistics industry, which started with a commercial degree in freight forwarding from the Hamburg Chamber of Commerce. He has been in Thailand since 1990 with a brief 3-year interruption, during which he worked in Taiwan for a German multinational. Thomas speaks and reads Thai fluently and conducts business in German, English, Spanish and Thai. He heads the Logistics and Consulting department.
Office Locations
Fair & Easy is located in the downtown Pratunam area of Bangkok, in walking distance from the head offices of Siam Commercial Bank and Siam City Bank.The bonded warehouse is located at the Export Processing Zone (EPZ) in Lad Krabang,just across Bangkok's Suvarnabhumi airport.
In this customs-free zone, pick & pack services under bond as well as international automotive logistics for spare parts and CBUvehicles takes place. Exports are handled by airfreight, and LCL, FCL and Ro/Ro.
The branch office in Chonburi was opened in August 2011. Chonburi is the province where Thailand's largest seaport, Laem Chabang, is located. The office is located between the port the Eastern Seaboard, were many manufacturers are located.
Fair & Easy (Cambodia) was opened in Phnom Penh in June 2011. The downtown location allows easy access to customers.
Finance
Fair & Easy has been very successful since its founding. Dividends have not been paid out but re-invested into the company, so that the capital base steadily increased. Another major injection of funds by the shareholders took place when the Logistics department was opened in 2008, as logistics require high cash-flow. All expansions have been funded out of our cash-flow, and no bank loans have been taken out. The company is completely debt-free.
