Rengo acquired 20% shares of Tarutani Packaging in Japan
24 August 2017
Rengo has acquired 20% of shares issued by Tarutani Packaging Co., Ltd in Japan, as the company said in the press release received by Lesprom Network.
Tarutani Packaging is a corrugated packaging manufacturer that operates primarily in Hyogo Prefecture, and has a production base in Kakogawa-shi.
Going forward, Rengo will dispatch a part-time director to Tarutani Packaging and collaborate with neighboring plants directly managed by Rengo, as well as with Group companies.
Rengo aims to improve the competitiveness of Tarutani Packaging while further expanding the Rengo Group’s corrugated packaging business in the Kansai region, Japan.