# EPB Group buys land in Penang Science Park for factory expansion

EPB Group Bhd, a food processing and packaging machinery solutions provider, acquired industrial land at Penang Science Park North for RM22.49 million. The land will be used to build a new factory, corporate office, warehouse and showroom to expand robotics offerings and production capacity.

- Type: Acquisition
- Announced: 2024-09-24
- Where: Penang Science Park North, Penang, Malaysia
- Value: $4.80M (22.5M MYR)
- Status: announced
- Products: food processing machinery, packaging machinery, robotics machines
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [EPB Group Bhd](https://endata.com/companies/79977.md)
- [Penang Development Corporation](https://endata.com/companies/30291.md) (target)

## Sources

- [tededer.com](https://tededer.com/epb-buys-penang-science-park-land-for-expansion/), 2024-09-24: "The acquisition represents an important step in its growth journey."

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