# SCG acquires 51% stake in A.I. Technology

Cementhai Holding Company Limited, a wholly-owned subsidiary of SCG, signed a share purchase agreement on 2 July 2021 to acquire a 51 percent stake in A.I. Technology Company Limited, an automation system integrator in Thailand. The transaction is expected to complete in Q4 2021.

- Type: Acquisition
- Announced: 2021-07-02
- Where: Thailand
- Status: announced
- Products: automation systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [SCG](https://endata.com/companies/1340.md) (acquirer)
- [A.I. Technology](https://endata.com/companies/56243.md) (target)

## Sources

- [scgchemicals.com](https://www.scgchemicals.com/en/articles/news/1653555720), 2021-07-05: "Cementhai Holding Company Limited, a wholly-owned subsidiary of SCC, has signed a share purchase agreement on 2 July 2021 to acquire a 51 percent stake in A.I. Technology Company Limited."

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