News
2024/8/27
Rengo Subsidiary Tri-Wall Acquires an Equity Interest in Manufacturer of Heavy Duty Packaging Materials in the United States
Rengo Co., Ltd. announces that its consolidated subsidiary, Tri-Wall Limited, has acquired a 25% equity interest in Concept Packaging Group LLC, through Tri-Wall’s wholly owned subsidiary.
Concept Packaging Group LLC is a heavy duty packaging manufacturer, headquartered in South Carolina. Concept Packaging Group LLC manufactures and sells packaging materials, such as heavy duty corrugated packaging, mainly for automotive-related industries.
Rengo has developed its heavy duty packaging materials business including corrugated packaging globally through the Tri-Wall Group. Now, with the addition of Concept Packaging Group LLC, Rengo enhances the production capability and its network in the United States. Rengo will continue to strengthen its supply system further and respond to more diverse packaging/service needs.
Overview of Tri-Wall Limited
Address 19/F., Chu Kong Shipping Tower, 143 Connaught Road Central, Sheung Wan, Hong Kong
Representative Yuji Suzuki, Chairman
Main business Headquarters of the group’s manufacturing and sales business for heavy duty packaging materials (corrugated packaging, etc.)
Overview of Concept Packaging Group LLC
Address 60 Fairview Church Road, Spartanburg, SC 29303, U.S.A.
President Dave Katt
Main business Manufacturing and sales of heavy duty packaging materials (corrugated packaging, etc.)
Net sales 165 million US dollars (approx. 23,986 million yen, consolidated sales in fiscal 2023)
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