SCG acquires 80% of Indonesian corrugated container maker Indocorr

SCG acquired an 80% stake in PT Indocorr Packaging Cikarang for a transaction value of Rp 145 billion, expanding its ASEAN corrugated container capacity to 1,045,000 tons per year.

“SCG telah melakukan akuisisi 80% saham PT Indocorr Packaging Cikarang (Indocorr) dengan nilai transaksi mencapai Rp 145 miliar”foru.co.id

• 2 sources
• foru.co.idPerluas Bisnis Kemasan di ASEAN, SCG Akuisisi Indocorr – FORUApr 26, 2017
• industry.co.idSCG Akuisisi Indocorr Cikarang Perkuat Bisnis Kemasan di ASEAN - Industry.co.idMay 9, 2017

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