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.
SCG Packaging to acquire 75% stake in Intan Group
URL: https://www.globalcement.com/news/item/12384-scg-packaging-to-acquire-75-stake-in-intan-group
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