SCGP buys 85% stake in medical firm Deltalab SL published : 1 Jul 2021 at 04:00 SCG Packaging Plc (SCGP) has acquired an 85% share in Deltalab SL -- a manufacturer and distributor of medical supplies and labware in Spain -- as it taps into the growing medical equipment market. Wichan Jitpukdee, chief executive of SCGP, expects the share purchase deal to be completed in the third quarter of this year. Under its business diversification plan, SCGP wants to focus on the healthcare industry, which covers a range of medical equipment and goods related to people's lifestyles. "Global demand for healthcare and medical products is growing. The market value is US$26 billion [around 810 billion baht] in Europe and $48 billion [around 1.5 trillion baht] in Asia Pacific," Mr Wichan said.