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SCGP to acquire 70% of Vietnam carton packaging maker Starprint Vietnam · Endata

◂ Announcements

Packagingworld trade 2024+3.9% 5Y CAGR

Apr 25, 2023ACQUISITIONLong Binh industrial zone, Dong Nai, Vietnam

SCGP to acquire 70% of Vietnam carton packaging maker Starprint Vietnam

SCG Packaging's board approved buying a 70% stake in Starprint Vietnam JSC, an offset folding carton maker in Dong Nai, Vietnam, for up to 1,050 billion dong (about 1.5 billion baht). Flexible packaging maker Starflex will take 25% of the vehicle after the deal, which is expected to close in Q3 2023.

Value

$45.0M (1050.0B VND)

Status

Announced

Capacity

16,500 tonnes per year offset printing; 8 million rigid boxes per year

Productsoffset folding cartonsrigid boxes

CompaniesSCG Packaging acquirer Starflex partner Starprint Vietnam JSC target

Sectors#Packaging

“บอร์ด SCGP ไฟเขียวทุ่มเงินกว่า 1.5 พันล้านบาท ลงทุน”kaohoon.com

2 sources
kaohoon.comSCGP ทุ่ม 1.5 พันลบ. ลงทุน SPV เพิ่มมาร์เก็ตแชร์ "บรรจุภัณฑ์กระดาษพับได้" เวียดนามApr 25, 2023
nationthailand.comSCGP takes controlling stake in Vietnamese packaging-maker StarprintApr 26, 2023

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

More from SCG Packaging

Sep 17, 2026ACQUISITIONChonburi, Thailand$2.10M
SCG Packaging completes 90% acquisition of Thai box maker Jin Zhong Fa
SCG Packaging acquirer Rengo partner packagingnewsdaily.com finwires.com
May 26, 2026EXPANSIONHo Chi Minh City, Vietnam$23.0M
SCGP to add 26,800 t/yr corrugated capacity at Vietnam site
SCG Packaging Vina Kraft Paper newsroom.scgpackaging.com en.moneyandbanking.co.th kaohooninternational.com
Dec 9, 2025ACQUISITIONBekasi, West Java, Indonesia$28.5M
SCGP completes 100% acquisition of corrugated packaging maker MYPAK in Indonesia
SCG Packaging acquirer Thai Containers Group acquirer newsroom.scgpackaging.com ahp.id
Oct 28, 2025ACQUISITIONBekasi Regency, Java, Indonesia$28.5M
Rengo's Thai JV TCG to acquire 60% of Indonesian packaging maker Mypak
SCG Packaging acquirer Rengo partner rengo.co.jp lesprom.com globalpapermoney.com
Jun 12, 2025ACQUISITIONVietnam$108.6M
SCG Packaging buys remaining 30% of Duy Tan Plastics in Vietnam for USD 108.6M
SCG Packaging acquirer Duy Tan Plastics target iflr.com
Jun 10, 2025INVESTMENTVietnam, Vietnam
SCG Packaging acquires additional 30% of Vietnam's Duy Tan Plastics, reaching 100%
SCG Packaging investor Duy Tan Plastics Manufacturing Corporation target newsroom.scgpackaging.com

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