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SCGP completes acquisition of 75% stake in Indonesia's Intan Group
SCG Packaging completed the 75% share acquisition of Intan Group, an Indonesian corrugated container producer, on August 13, 2021, for 822 billion rupiah upfront through a joint venture with Rengo.
Capacity
11 corrugated packaging factories in total for Rengo group after deal
Productscorrugated containers
“SCGP has announced the completion of the 75% share acquisition of Intan Group, a leading producer of corrugated containers in Indonesia.”kaohoon.com
- 4 sources
- kaohoon.comSCGP Completes the Acquisition of Intan Group to Boost Fiber-based Packaging BusinessAug 16, 2021
- ryt9.comSCGP announced Completion of the 75% share acquisition of "Intan Group" | RYT9Aug 17, 2021
- thaipr.netSCGP announced Completion of the 75% share acquisition of “Intan Group” Boosting fiber-based packaging business potential in Indonesia | ThaiPR.NETAug 17, 2021
- lesprom.comRengo acquires shares from corrugated packaging manufacturers in IndonesiaSep 7, 2021
Summarized from public sources; check the original articles before acting on it.