# Rengo's Thai JV TCG to acquire 60% of Indonesian packaging maker Mypak

Rengo's joint venture Thai Containers Group agreed a conditional share purchase of 60% of PT Prokemas Adhikari Kreasi (Mypak), an Indonesian corrugated packaging maker with one factory in Bekasi Regency, Java. The deal is due to close by the end of 2025 and will take Rengo's Indonesian factories to 12.

- Type: Acquisition
- Announced: 2025-10-28
- Where: Bekasi Regency, Java, Indonesia
- Value: $28.5M (467.0B IDR)
- Status: announced
- Capacity: 144,000 tons per year
- Products: corrugated packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [SCG Packaging](https://endata.com/companies/1313.md) (acquirer)
- [Rengo](https://endata.com/companies/1314.md) (partner)
- [Thai Containers Group](https://endata.com/companies/1315.md) (acquirer)
- [Siam Kraft Industry](https://endata.com/companies/1318.md) (acquirer)
- [Mypak (PT Prokemas Adhikari Kreasi)](https://endata.com/companies/13649.md) (target)
- [PT Prokemas Adhikari Kreasi (Mypak)](https://endata.com/companies/13667.md) (target)

## Sources

- [rengo.co.jp](https://www.rengo.co.jp/english/news/2025/25_e_news_019.html), 2025-10-28: "has entered into a conditional share purchase agreement to acquire 60% of the shares in Indonesian corrugated packaging manufacturer PT Prokemas Adhikari Kreasi"
- [lesprom.com](https://www.lesprom.com/en/news/Rengos_Thai_joint_venture_acquires_60_of_Indonesian_packaging_manufacturer_Mypak_121072/), 2025-10-28: "will acquire a 60% stake in Indonesian corrugated packaging manufacturer PT Prokemas Adhikari Kreasi, commonly known as Mypak."
- [globalpapermoney.com](https://www.globalpapermoney.com/rengos-thai-joint-venture-acquires-60-of-indonesian-packaging-manufacturer-mypak-cms-19726), 2025-11-04: "Thai Containers Group Co., Ltd., a joint venture of Rengo Co., Ltd., will acquire a 60% stake in Indonesian corrugated packaging manufacturer PT Prokemas Adhikari Kreasi, commonly known as Mypak."
- [thepackagingportal.com](https://www.thepackagingportal.com/industry-news/rengo-to-acquire-shares-from-pt-prokemas-adhikari-kreasi-in-indonesia/), 2025-11-05: "Rengo Co Ltd has confirmed that its joint venture in Thailand, Thai Containers Group Co Ltd (TCG), has entered into a conditional share purchase agreement to acquire 60% of the shares in Indonesian corrugated packaging manufacturer PT Prokemas Adhikari Kreasi (Mypak)."
- [kaohooninternational.com](https://www.kaohooninternational.com/markets/571843), 2025-12-09: "SCGP has announced the completion of a 100% stake acquisition in PT Prokemas Adhikari Kreasi (MYPAK), following the deal announcement made on October 28, 2025."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.