BGC expands interest in packaging
Two M&As spurred by outbreak demand
BG Container Glass (BGC), a maker and distributor of glass containers, is preparing to make deals worth 1.65-billion-baht to acquire two companies in a bid to fuel its growth and become a leader in total packaging solutions.
The expansion, which allows it to offer a wide range of packaging products apart from glass containers, is expected to help the company double revenue growth in the next five years from 10 to 25 billion baht.
Last year, BGC recorded revenue of 10.9 billion baht and net profit was 516 million baht.
On Monday, BGC’s chief executive Silparat Watthanakasetr said the company faced…
