News Releases / 2018
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October 12, 2018
Rengo Subsidiary Tri-Wall Invests in Manufacturer of Heavy Duty Packaging in the United Kingdom
Rengo Co., Ltd. (Head Office: Kita-ku, Osaka; Chairman, President & CEO: Kiyoshi Otsubo) announces that its consolidated subsidiary Tri-Wall (Head Office: Hong Kong, Chairman: Yuji Suzuki) has made an investment through Tri-Wall's wholly-owned subsidiary to acquire a 51% stake in Rosewood Manufacturing Holdings Limited (referred to hereafter as “Rosewood”), which has its Head Office in the United Kingdom.
Rosewood has three operating companies as its subsidiaries, and it has factories in northern England (North Shields and Gateshead) and central England (Manchester and Wolverhampton), where it conducts manufacturing and sales of heavy duty and general purpose corrugated boxes and timber packaging.
Rengo has developed its packaging materials business related to heavy duty corrugated packaging globally through the Tri-Wall Group, but business in the United Kingdom until now has mainly been conducted at the site in Wales. Now, with the addition of Rosewood, which covers all of England, to the Rengo Group, Rengo will further promote the expansion of business by strengthening the supply system in the United Kingdom while also responding to more far-reaching packaging needs.
Overview of Tri-Wall Limited
Address 19/F., Ka Wah Bank Centre 232 Des Voeux Road Central, Sheung Wan,
Hong KongRepresentative Yuji Suzuki Main business Headquarters of the group's heavy duty packaging business
Overview of Rosewood Manufacturing Holdings Limited
Address Unit 14, Alder Road, West Chirton North Industrial Estate,
North Shields, Tyne and Wear, NE29 8SD, U.K.Managing Director Stephen Harry Lord Shareholders Tri-Wall Group (51%) and others Main business Holding company with 100% share of three operating companies that conduct manufacturing and sales of heavy duty and general purpose corrugated boxes, timber packaging, etc., and sales of miscellaneous packaging materials
Net sales 12.022 million pounds (approx. 1,788 million yen)
(actual consolidated sales in fiscal 2017)Business locations Rosewood Packaging North Shields (Head Office)
Unit 14, Alder Road, West Chirton North Industrial Estate,
North Shields, Tyne and Wear, NE29 8SD, U.K.
Rosewood Packaging Gateshead
Unit L92, Kingsway, Team Valley Trading Estate, Gateshead, NE11 0LB, U.K.
Rosewood Packaging Manchester
Unit 3, Shepley Industrial Estate North, Audenshaw, Manchester, M34 5DR, U.K.
Rosewood Packaging Wolverhampton
T/A George Hill Rosewood, Biddings Lane, Bilston, West Midlands,
WV14 9NN, U.K.