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August 10, 2017

Rengo Invests in Tarutani Packaging Co., Ltd.

Rengo Co., Ltd. (Head Office: Kita-ku, Osaka; Chairman, President & CEO: Kiyoshi Otsubo) announces that it has acquired 20.0% of shares issued by Tarutani Packaging Co., Ltd, (Head Office: Amagasaki-shi, Hyogo Prefecture; President: Kiyotaka Tarutani).
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.

 

Overview of Tarutani Packaging Co., Ltd.

Head office location

7-1-3 Doi-cho, Amagasaki-shi, Hyogo Prefecture

Plant location Kakogawa Plant: 995-61 Yamakado, Heiso-cho, Kakogawa-shi,
Hyogo Prefecture
Representative President Kiyotaka Tarutani
Capital 100 million yen
Shareholders

Tarutani Industrial Packaging Corporation 80.0%
Rengo Co., Ltd. 20.0%

Main business Manufacturing and sales of corrugated board and boxes
Net sales 2.2 billion yen (fiscal year ended September 2016)
Number of employees 50