SCG Packaging completed the purchase of 100% of PT Prokemas Adhikari Kreasi (MYPAK), a corrugated containers producer in Bekasi, West Java, for IDR 467 billion (about THB 981 million), with 144,000 tons annual capacity.
Rengo's joint venture Thai Containers Group agreed a conditional share purchase of 60% of PT Prokemas Adhikari Kreasi (Mypak), an Indonesian corrugated packaging maker with one factory in Bekasi Regency, Java. The deal is due to close by the end of 2025 and will take Rengo's Indonesian factories to 12.
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.
SCG Packaging signed a share purchase agreement on May 10, 2021 to acquire 75% of Intan Group, a major Indonesian producer of corrugated containers with four strategic locations.
PT Purinusa Ekapersada, an Asia Pulp & Paper company, and Oji Holdings agreed to a US$35 million joint venture, PT Oji Sinar Mas Packaging, to build a corrugated packaging factory in Bekasi City, West Java, expected online in January 2020 with output of 5,000 tons of cardboard per month.
Hokkan Holdings agreed to acquire an 80% stake in the beverage packaging units of PT Deltapack Industri for IDR 1.3 trillion, through a new joint venture PT Hokkan Deltapack. The deal was agreed on 31 October 2018 and is expected to close in April 2019.
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.
Thai Containers Group, a joint venture of Rengo and SCG Packaging, completed the acquisition of an 80% stake in PT Indocorr Packaging Cikarang, a corrugated packaging maker in eastern Jakarta, Indonesia.