# SCG Packaging to acquire 75% of Indonesia's Intan Group

SCG Packaging signed a share purchase agreement on May 10, 2021 to acquire 75% of Intan Group, a major Indonesian producer of corrugated containers with four strategic locations.

- Type: Acquisition
- Announced: 2021-05-10
- Where: Indonesia
- Status: announced
- Products: corrugated containers
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [SCG Packaging](https://endata.com/companies/1313.md) (acquirer)
- [Intan Group](https://endata.com/companies/7944.md) (target)

## Sources

- [newsroom.scgpackaging.com](https://newsroom.scgpackaging.com/en/news/scgp-tops-up-its-success-in-indonesia-expands-investment-portfolio-in-downstream-packaging-in-intan-group-as-demands-in-asean-grow/), 2021-05-10: "It has signed a share purchase agreement on May 10, 2021, to acquire 75%"
- [globalcement.com](https://www.globalcement.com/news/13062-scg-packaging-to-acquire-75-stake-in-intan-group), 2021-05-11: "SCG Packaging, part of Thailand-based Siam City Group, has entered into a share purchase agreement to acquire a 75% stake in Intan Group"

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