News and developments
Kudun and Partners Represents BGC Packaging Co., Ltd. in Strategic Acquisition of 25.1% Shares in Bangkok Can Manufacturing Company Limited
Kudun and Partners is proud to announce its successful representation of BGC Packaging Co., Ltd. in the strategic acquisition of 4,518,000 shares, constituting 25.1% of the total shares of Bangkok Can Manufacturing Company Limited (“BCM”), from Toyo Seikan Co., Ltd. This significant transaction, valued at over THB 499 million, marks a landmark achievement for our client and underscores our commitment to facilitating high-value deals.
The acquired 25.1% shares have been apportioned among three major stakeholders: Bangkok Glass Public Company Limited (“BG”) acquiring 8.1%, BG Container Glass Public Company Limited (“BGC”) securing 5%, and Singha Corporation Co., Ltd. (“Singha”) obtaining 12%. This strategic allocation not only strengthens the partnership between BG, BGC, Singha, and Toyo Seikan Co., Ltd., but also enhances their collaborative efforts in the can manufacturing sector, setting the stage for future growth and innovation.
The meticulous execution and successful completion of this complex transaction were spearheaded by Chai Lertvittayachaikul, Partner and Co-head of the Projects and Energy Practice at Kudun and Partners. He was ably supported by a dedicated team of associates, including Rujisaya Bubpaprohm, Jeeranant Geevorakulnont, Napas Udomratanasirichai, and Thamonwan Koosuwan.