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Home > News > Company News > BGC acquires Prime Packaging for THB 580 million

BGC acquires Prime Packaging for THB 580 million

Post Time:Mar 09,2023Classify:Company NewsView:1533

BG Container Glass (BGC), a subsidiary of Bangkok Glass Public Company Limited, operates in the glass packaging business. BGC has 5 glass packaging plants with the largest amount of production capacity in Thailand.

BGC has now bought complete ownership of Prime Packaging, a company specialized in production of printed, laminated flexible packaging such as plastic rolls and plastic pouches used with automatic packing machines.

The cost of the operation is THB 580 million (EUR 15.7 million), with all of the funding coming from bank loans, and it’s part of BGC strategy to become a leader in total packaging solutions.

Source: glassonlineAuthor: shangyi

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