# Rengo's Thai JV acquires 94.11% of Vietnam's Bien Hoa Packaging

Rengo's Thai joint venture Thai Containers Group, through subsidiary TCG Solutions, acquired 94.11% of Bien Hoa Packaging, a corrugated cardboard and paper packaging maker near Ho Chi Minh City, Vietnam. The deal was announced on December 23.

- Type: Acquisition
- Announced: 2019-12-23
- Where: Bien Hoa, Dong Nai, Vietnam
- Status: completed
- Capacity: six corrugated cardboard factories and two paper packaging factories in total after deal
- Products: corrugated cardboard, paper packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Rengo](https://endata.com/companies/1314.md) (acquirer)
- [Thai Containers Group](https://endata.com/companies/1315.md) (acquirer)
- [Bien Hoa Packaging](https://endata.com/companies/6340.md) (target)

## Sources

- [en.lnews.jp](https://en.lnews.jp/2020/12/m1224301.html), 2020-08-24: "Rengo announced that its Thai joint venture, Thai Containers Group (TCG), had acquired 94.11% of the shares of Bien Hoa Packaging."

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