Chen & Chang is pleased to advise ORG Technology and its subsidiary ORG International Holdings Limited on the selling of 100% shares of TSPM Limited to a subsidiary of Kingcan Group for RMB 205 million. TSPM holds Taiwan Supreme Metal Co., Ltd. and Taiwan Supreme Metal Packaging Co., Ltd. and is the primary manufacturer of two-piece aluminum cans in Taiwan.
The parties executed the transaction documents on Oct 30, 2021, acquired the MOEAIC approval on Dec 30 and closed the deal on the same day.
Congratulations to ORG Technology! We thank our clients for entrusting us as their legal counsel on cross-boarder M&A transactions.
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