SCG Packaging completes acquisition of Vietnamese packaging firm SOVI

SCG Packaging completed its acquisition of a 94.11% stake in Bien Hoa Packaging (SOVI), a listed Vietnamese corrugated box maker, for about 2.07 trillion dong. The deal closed on 18 December 2020, with SOVI consolidated from January 2021.

“SCGP has acquired 12,076,587 shares or 94.11% in SOVI from the existing shareholders.”kaohoon.com

• 2 sources
• kaohoon.comSCGP Completes the Vietnam’s Packaging Firm “SOVI” Deal, Expecting to Book Profit in 2021Dec 18, 2020
• nationthailand.comSCG Packaging acqiires listed Vietnamese companyDec 18, 2020

Summarized from public sources; check the original articles before acting on it.