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September 29, 2017

Rengo Makes Sugii Kogyosho Co., Ltd. into a Wholly-Owned Subsidiary

Rengo Co., Ltd. (Head Office: Kita-ku, Osaka; Chairman, President & CEO: Kiyoshi Otsubo) announces that it has acquired a 100% stake in Sugii Kogyosho Co., Ltd. (Head Office: Tateyama-shi, Chiba Prefecture; President: Shigeki Sugii), making it a wholly-owned subsidiary.

Sugii Kogyosho is a manufacturer of corrugated boxes which operates in the Southern area of the Boso Peninsula. It was founded in 1947, has been soundly managed since its founding, and has a solid customer base.

Rengo will strengthen the cooperation between Sugii Kogyosho and neighboring plants directly managed by Rengo and will continue to expand the corrugated packaging business of Group companies in the same region.

 

Overview of Sugii Kogyosho Co., Ltd.

Head office location

1310 Hojo, Tateyama-shi, Chiba Prefecture

Representative President Shigeki Sugii
Capital 16 million yen
Shareholder

Rengo Co., Ltd. 100%

Main business Manufacturing and sales of corrugated boxes,
sales of packaging materials, etc.
Net sales 450 million yen (fiscal year ended January 2017)
Number of Employees 25