# Nippon Steel to acquire majority stake in Thai tinplate supplier Siam Tinplate

Nippon Steel agreed to acquire a majority stake in Siam Tinplate of Thailand as demand for three-piece tinplate food cans rises in south-east Asia. The announcement is dated 5 January 2021.

- Type: Acquisition
- Announced: 2021-01-05
- Where: Thailand
- Status: announced
- Products: tinplate, three-piece food cans
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Nippon Steel](https://endata.com/companies/7455.md) (acquirer)
- [Siam Tinplate](https://endata.com/companies/7456.md) (target)

## Sources

- [canmaker.com](https://canmaker.com/nippon-steel-of-japan-raises-stake-in-thai-tinplate-supplier/), 2021-01-05: "Nippon Steel (NS) is to acquire a majority stake in Siam Tinplate (STP) of Thailand as demand for three-piece tinplate food cans rises in south-east Asia."

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