Rengo Co., Ltd. has acquired a 60% stake in Kato Corrugated Paper Co., Ltd. in Tokyo; and that it has become a subsidiary of Rengo. Kato Corrugated Paper is a corrugated packaging manufacturer with a total of four production bases in Japan.

包装纸&板

Rengo acquired a 60% stake in Kato Corrugated Paper in Tokyo, Japan

Apr 05, 2016. /Lesprom Network/. Rengo Co., Ltd. has acquired a 60% stake in Kato Corrugated Paper Co., Ltd. in Tokyo; and that it has become a subsidiary of Rengo, as the company said in the press release received by Lesprom Network.

Kato Corrugated Paper is a corrugated packaging manufacturer with a total of four production bases in Japan.

Following this, Rengo will dispatch officers to Kato Corrugated Paper and plan to increase the competitiveness of their corrugated packaging business, along with creating more plans to further increase the Rengo Group’s corrugated packaging business in the Kanto and Tohoku regions by using connections with neighboring plants directly managed by Rengo, and with Rengo Group companies.