SCG Packaging completes 90% acquisition of Thai injection molder VEM-TH

SCG Packaging (SCGP) completed the acquisition of a 90% stake in VEM Thailand, a polymer injection molding maker in Rayong, through its Singapore subsidiary for up to Bt146.2 million (US$4m). The deal was announced on 1 July 2024.

“The deal was executed through SCGP's wholly-owned subsidiary, SCGP Solutions (Singapore), and the investment was capped at Bt146.2 million (US$4m).”sustainabilitymea.com

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• sustainabilitymea.comSCGP Subsidiary strengthens portfolio with 90% stake acquisit ...Jul 1, 2024

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