SCG Packaging to acquire 70% stake in Vietnam's Duy Tan Plastics

Thailand's SCG Packaging signed a share purchase agreement on February 9 to acquire a 70% stake in Duy Tan Plastics Manufacturing Corporation, Vietnam's top rigid plastic packaging producer, as part of a THB10 billion (US$334 million) investment in Vietnam.

“The latest move is the signing of a share purchase agreement on February 9 to acquire a 70 percent stake in the Duy Tan Plastics Manufacturing Corporation.”en.sggp.org.vn

• 7 sources
• en.sggp.org.vnThailand packaging company inks partnership in Vietnam | SGGP English EditionFeb 14, 2021
• english.vov.vnThai group purchases 70% stake in Vietnamese plastics manufacturer | VOV.VNFeb 19, 2021
• bdapartners.comBDA advises Duy Tan Plastics on sale to SCG Packaging - BDA PartnersFeb 19, 2021
• vietnaminsiders.comThai conglomerate joints ventures with largest plastic manufacturer in Vietnam - Vietnam InsiderFeb 23, 2021
• vietnamstar.netThai conglomerate joints ventures with largest plastic manufacturer in Vietnam – VIETNAM STARFeb 23, 2021
• vir.com.vn

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