Announced
Financials
Tags
cardboard packaging
Containers and Packaging
Acquisition
Single Bidder
paper and packaging
Thailand
Private
Pending
Indonesia
Synopsis
Siam Cement Group, a Thailand-based holding company engaged in the industrial supplies and construction industries, acquired a majority share of Fajar, which produces and sells the industrial paper for use in the packaging of consumer and industrial goods in Indonesia, for $665m. "The major shareholding in Fajar will allow SCG to enhance its ASEAN growth, especially in Indonesia." Roongrote Rangsiyopash, SCG CEO.
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