Rengo Co., Ltd. (Head Office: Kita-ku, Osaka; Chairman, President & CEO: Kiyoshi Otsubo) announces that its consolidated subsidiary Tri-Wall Limited (Head Office: Hong Kong; Chairman: Yuji Suzuki) has acquired an 80% membership interest in Aldez Containers, LLC through Tri-Wall's wholly-owned subsidiary.

Aldez Containers is a manufacturer of heavy duty packaging materials in the United States with its head office in the state of Michigan. Besides its head office, Aldez Containers has plants in the states of Texas, Ohio, and Kentucky within the United States. It manufactures and sells packaging materials—such as heavy duty corrugated packaging—mainly to manufacturers of automobile components.

Rengo carries out its packaging materials business related to heavy duty corrugated packaging mainly in Asia and Europe through the Tri-Wall Group. With the manufacturing sector, including the automobile industry, expected to return to the United States, TW Michigan Inc. was established last year to take the first step towards full-scale business in the United States.

By adding Aldez Containers as a new business location, Rengo hopes to strengthen its supply system in the United States to further expand its business.