# BGC acquires 100% of Thai flexible plastic packaging maker Prime Packaging for THB 580M

Thai packaging company BGC Container Glass agreed to buy 100% of Prime Packaging, a Thai maker of flexible plastic packaging and film rolls, for 580 million baht funded by bank loans. The share purchase agreement was signed on 28 February 2023, and revenue is expected from Q2 2023.

- Type: Acquisition
- Announced: 2023-02-28
- Where: Thailand
- Value: $16.3M (580.0M THB)
- Status: announced
- Products: flexible plastic packaging, plastic film rolls
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [BGC Container Glass](https://endata.com/companies/10313.md) (acquirer)
- [Prime Packaging](https://endata.com/companies/10314.md) (target)

## Sources

- [mitihoon.com](https://www.mitihoon.com/2023/03/01/367352/), 2023-03-01: "BGC ปิดดีล M&A ใช้งบลงทุน 580 ล้านบาท เข้าซื้อหุ้น 100% ใน ไพร์ม แพ็คเกจจิ้ง"

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