News Releases / 2022
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March 31, 2022
Rengo Acquires Nagai Tekko Co., Ltd.
Rengo Co., Ltd. announces that it has acquired 100% of the shares issued by Nagai Tekko Co., Ltd., making Nagai Tekko a Rengo subsidiary.
Nagai Tekko is a machine manufacturer that designs and manufactures winders, rolls, and other equipment used in paperboard mills. It has strengths in the design of machines and development of control systems and delivers high-performance and high-quality machines to paperboard manufacturers. Rengo decided to acquire Nagai Tekko to support the continuation of its technologies and apply them to the Rengo Group.
In the future, Rengo will support the further stabilization of Nagai Tekko's management, and at the same time, strengthen collaboration with the company in the aspect of technology to improve technological development capabilities within the Rengo Group.Overview of Nagai Tekko Co., Ltd.
Location 1-8-50 Jokoji, Amagasaki-shi, Hyogo Prefecture Representative Representative Director & President Hisao Nagai Capital 10 million yen Shareholder Rengo Co., Ltd. 100% Main business Design, manufacture, and assembly of paperboard-related machines; development of control systems Net sales Approx. 430 million yen (fiscal year ended August 2021)
Number of employees 11