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Bangkok Glass, BG Container Glass and Singha acquired a combined 25.1% stake in Bangkok Can Manufacturing from Toyo Seikan in a deal valued at over THB 499 million.
Bangkok Can Manufacturing, a subsidiary of Japan's Toyo Seikan Group, is building a new two-piece aluminium beverage can plant at Rojana Industrial Park in Ayutthaya, north of Bangkok, with a US$84.2 million investment. Startup is targeted for May 2019.
Toyo Seikan Group's subsidiary Bangkok Can Manufacturing will build a new aluminum beverage can plant at Rojana Industrial Estate in Ayutthaya Province, Thailand, with an investment of 9 billion yen and operations scheduled from May 2019.