SCG Packaging Public Company Limited (SET:SCGP) signed a share purchase agreement to 85% stake in acquire DELTALAB, SL on June 30, 2021. In the year ended 2020, DELTALAB, SL reported revenue of 72.7 million. The transaction is expected to be completed in the third quarter of 2021.
SCG Packaging Public Company Limited (SET:SCGP) completed the acquisition of 85% stake in acquire DELTALAB, SL from Espiga Equity Fund, FCR managed by Espiga Equity Partners, S.G.E.I.C., S.A. and Talde Capital Crecimiento, FCR and Talde Promoción y Desarrollo, SCR, S.A. managed by Talde Gestión, SGEIC, S.A. on July 6, 2021. José Sáez Mateos remains in the shareholding. Both the executive and the current management team will continue to form part of the shareholding and direct the DELTALAB with the aim of continuing to promote its growth.