BGC Seals Deal with Swan Industries to Consolidate Packaging Dominance
The strategic partnership, involving a 26% stake sale in BGC's packaging subsidiary, aims to expand market reach and accelerate innovation in Thailand's packaging sector
Bangkok Glass Container Public Company Limited (BGC), a leading integrated packaging services provider within the Bangkok Glass Group, has announced a significant strategic collaboration with Swan Industries (Thailand) Co., Ltd.
The move involves BGC divesting a 26% stake in its subsidiary, BGC Packaging Co., Ltd. (BGCP), to Swan Industries (Thailand), effective 30th June 2025.
This partnership is poised to substantially enhance the business capabilities of BGCP, which specialises in a diverse range of packaging, including plastic, corrugated paper, and flexible plastic solutions.
By integrating with Swan Industries, a prominent player in Thailand's metal can packaging sector, BGC aims to expand its market share and customer base.
The collaboration is seen as a crucial step towards elevating the overall potential of Thailand's packaging industry, enabling it to meet evolving market demands and compete sustainably across the region.
The synergy is expected to deliver significant gains for BGC's integrated packaging business, not only by boosting sales from existing clients and attracting new customers, but also by facilitating expansion into new target markets with a more comprehensive suite of solutions.
Through this alliance, BGC will gain access to Swan Industries' extensive client network, which spans various industries including food and beverages, processed fruits and vegetables, pet food, snacks, consumer goods, and industrial products.
Furthermore, the exchange of expertise between BGC's Technology and Innovation Centre (TIC) and Swan Industries' deep understanding of customer needs within the food sector is expected to accelerate the development of next-generation packaging.
This will focus on delivering improved quality, enhanced sustainability, environmental friendliness, and optimal cost-effectiveness.
This strategic expansion of partnerships underscores both BGC's and Swan Industries' commitment to strengthening Thailand's packaging business ecosystem.
The companies aim to foster continued growth built upon solid foundations in innovation, manufacturing, and integrated supply chain cooperation.
