# SCG acquires 80% stake in Visy Packaging (Thailand)

SCG's Packaging Business acquired an 80% stake in Visy Packaging (Thailand) from Visy Singapore Investments for about 4,341 million THB, adding thermoformed food packaging capacity.

- Type: Acquisition
- Announced: 2019-08-30
- Where: Thailand, Thailand
- Value: $138.0M (4.34B THB)
- Status: completed
- Products: thermoformed food packaging, cups, trays and jars, fruit packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [SCG](https://endata.com/companies/1340.md) (acquirer)
- [Visy Packaging (Thailand)](https://endata.com/companies/5465.md) (target)
- [Visy Singapore Investments](https://endata.com/companies/5466.md) (partner)

## Sources

- [scgnewschannel.com](https://www.scgnewschannel.com/en/scg-news/scg-solidifies-its-position-as-the-packaging-solution-provider/), 2019-08-30: "SCG has acquired 80% shares in Visy Packaging (Thailand) Limited, in the transaction valued at approximately 4,341 million THB."

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