# Hokkan Holdings to acquire 80% of Deltapack's beverage packaging units in Indonesia

Hokkan Holdings agreed to acquire an 80% stake in the beverage packaging units of PT Deltapack Industri for IDR 1.3 trillion, through a new joint venture PT Hokkan Deltapack. The deal was agreed on 31 October 2018 and is expected to close in April 2019.

- Type: Acquisition
- Announced: 2018-10-31
- Where: Indonesia
- Value: $85.5M (1300.0B IDR)
- Status: announced
- Products: beverage packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Hokkan Holdings](https://endata.com/companies/8626.md) (acquirer)
- [PT Deltapack Industri](https://endata.com/companies/14885.md) (partner)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/HOKKAN-HOLDINGS-LIMITED-6494866/news/Hokkan-Holdings-Limited-agreed-to-acquire-the-beverage-packaging-units-of-PT-Deltapack-Industri-for-34533096/), 2018-10-30: "Hokkan Holdings Limited (TSE:5902) agreed to acquire a 80% stake in beverage packaging units of PT. Deltapack Industri for IDR 1.3 trillion on October 31, 2018."

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