JAPAN – Rengo Co., Ltd. has announced that its subsidiary, Tri-Wall Limited, has acquired 100% of the shares in J-Pack Co., Ltd. through its wholly owned subsidiary, Tri-Wall Japan Co., Ltd.
J-Pack provides a range of packaging services, including packing, warehousing, overseas moving, customs clearance, and logistics. It operates in Kanagawa and Chiba Prefectures.
The acquisition enhances Rengo’s global presence in heavy-duty packaging materials through the Tri-Wall Group.
Last year, Tri-Wall acquired a 100% stake in Gestora Comercial Internacional (Gecoinsa). The companies did not disclosed the financial details and other terms of this transaction.
Based in Spain, Gecoinsa specializes in manufacturing heavy-duty packaging materials such as corrugated packaging, wood packaging, and pallets.
It also provides warehouse management support and logistical services.
Aside from its main domestic market, Gecoinsa also has a business presence in Portugal and Morocco.
Antalis signs binding agreement to acquire Plaesa in Spain
Antalis has signed a binding agreement to acquire Plaesa, a Spanish company specializing in technical packaging and customized solutions.
Founded in 1983, Plaesa is a family-owned business with an annual turnover of €6 million, serving Madrid and Toledo provinces.
It operates four facilities and employs 38 people. To boost its manufacturing capabilities, Plaesa has recently invested in advanced equipment, including cutting machines and foam converters.
This acquisition strengthens Antalis’ position in the Iberian packaging market. The deal is subject to customary closing conditions.
Antalis is part of KPP Group Holdings Co., Ltd., a global leader in paper, packaging, and visual communication distribution.
OptiGroup acquires Døvigen AS in Norway
Meanwhile, OptiGroup has acquired Døvigen AS, a full-service distributor of packaging products and business consumables in Norway.
This acquisition will bolster OptiGroup’s B2B offerings in the region and reinforce its position in the Nordic market.
While the purchase price remains undisclosed, OptiGroup’s presence in Europe is significant. It has net sales of approximately €1.5 billion and more than 2,300 employees.
Lipy Paper Mills Expands Fiber Production in Bangladesh
International technology group Andritz has successfully started two recycled fiber lines at Lipy Paper Mills Ltd. in Kanchpur, Bangladesh.
These new lines, capable of processing 150 tons per day of locally sourced old corrugated cardboard and mixed office waste, are the first to introduce Andritz recycled fiber (RCF) technology to the country.
The fibers will be used to produce premium testliner and paper for writing and printing. Andritz provided cutting-edge equipment, including the PrimeScreen X pressure screen and an ultra-high dispersing system, which minimizes fiber loss and reduces steam consumption.
Established in 2016, Lipy Paper Mills is part of the family-owned Lipy Group and produces premium paper products.
Andritz Pulp & Paper delivers sustainable technology and automation solutions for the pulp, paper, and tissue industries globally.
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