# SCG unit TCG Solutions to acquire 94% of Bao bi Bien Hoa packaging maker

TCG Solutions, a subsidiary of Thailand's SCG, registered to buy over 12 million shares (94.11%) of Vietnamese carton packaging maker Bao bi Bien Hoa, valued at about 978 billion VND. Transactions are expected between December 16 and 31, 2020.

- Type: Acquisition
- Announced: 2020-12-14
- Where: Vietnam
- Value: $42.3M (978.0B VND)
- Status: announced
- Products: carton packaging, offset packaging, corrugated packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [SCG](https://endata.com/companies/1340.md) (partner)
- [TCG Solutions](https://endata.com/companies/7372.md) (acquirer)
- [Bao bi Bien Hoa](https://endata.com/companies/7373.md) (target)

## Sources

- [beta20.tuoitre.vn](https://beta20.tuoitre.vn/bao-bi-bien-hoa-ve-tay-doanh-nghiep-thai-lan-2020121414470324.htm), 2020-12-14: "tổng giá trị thương vụ lên đến 978 tỉ đồng."

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