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Bien Hoa Packaging JSC (Sovi) will spend VND1,175 billion on relocating its Bien Hoa 1 plant to Loc An-Binh Son industrial park in Dong Nai and expanding its Binh Duong factory. Shareholders are to vote at an extraordinary general meeting on December 18, 2024.
Rengo's joint venture Thai Containers Group acquired 94.11% of Bien Hoa Packaging, a listed Vietnamese corrugated packaging and folding carton maker near Ho Chi Minh City. After the deal Rengo will have six corrugated and two folding carton plants in Vietnam.
SCG Packaging completed its acquisition of a 94.11% stake in Bien Hoa Packaging (SOVI), a listed Vietnamese corrugated box maker, for about 2.07 trillion dong. The deal closed on 18 December 2020, with SOVI consolidated from January 2021.
Siam Cement will acquire Vietnamese packaging materials maker Bien Hoa Packaging through a joint venture with Japan's Rengo; deal size is yet to be determined, and Bien Hoa produces 90,000 tonnes of cardboard boxes a year.
Rengo's Thai joint venture Thai Containers Group, through subsidiary TCG Solutions, acquired 94.11% of Bien Hoa Packaging, a corrugated cardboard and paper packaging maker near Ho Chi Minh City, Vietnam. The deal was announced on December 23.
