SCG acquires construction material operations in Vietnam
VOV.VN - SCG, a leading business conglomerate in the ASEAN region, announced today (Mar. 8) that it has acquired the assets of Vietnam Construction Materials Company, Ltd. for US$156 million.
We plan to create a more efficient operating dynamic in Vietnam by combining the efforts of this separately owned business into one cohesive SCG unit. Additionally, the purchase provides a highly strategic platform to capitalize on leading market positions and growing regional demand to serve as a supplier of choice.