Bangkok Container Glass has acquired Prime Packaging company for THB580 million (US$16.77 million) via its subsidiary BGC Packaging.

Prime is a manufacturer and distributor of flexible plastic packaging and plastic rolls.

Bangkok Glass CEO, Silparat Watthanakasetr, said the acquisition would enable it to become a total packaging solutions provider.

“Therefore, in order to support its continuous growth in the glass packaging business, which is a core business as well as to increase its foothold in packaging businesses.

“The acquisition of Prime will build a strong foundation for the growth of plastics packaging unit as part of packaging business, which contributes to the company’s long-term business plan to become a total packaging solutions provider.

“The acquisition of Prime will enhance the company’s target of being a total packaging solution provider by strengthening the potential expansion of plastic packaging service, which promotes and supports the overall packaging business of the company.”