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News SCG Packaging to acquire 75% stake in Intan Group

SCG Packaging to acquire 75% stake in Intan Group

Written by Global Cement staff 11 May 2021
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Indonesia: SCG Packaging, part of Thailand-based Siam City Group, has entered into a share purchase agreement to acquire a 75% stake in Intan Group, a corrugated container producer. The purchase is intended to strengthen SCG Packaging’s downstream paper-based packaging business in the country. It awaits approval from the relevant authorities and the transaction is expected to close in mid-2021.

Last modified on 12 May 2021
Published in Global Cement News
Tagged under
  • Indonesia
  • SCG Packaging
  • Thailand
  • Acquisition
  • Stake
  • Intan Group
  • packaging
  • GCW505
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