Industry News, Ink Manufacturers News, Mergers and Acquisitions

Toyo Ink Group Acquires Thai Eurocoat

Aims to become the top metal coatings producer in the ASEAN canned food market.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Toyo Ink SC Holdings Co., Ltd. announced that, on March 10, 2023, it and its consolidated subsidiary Toyo Ink (Thailand) Co., Ltd. concluded a share purchase agreement to wholly acquire Thai Eurocoat Ltd., the top manufacturer of external coatings for non-printed cans in the Thai canned food market. Following the transfer of shares, Thai Eurocoat, which is based in Samut Sakhon province, will retain its name and operate as a business unit of Bangkok-based Toyo Ink Thailand. Through the acquis...

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