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  • October 17, 2023

    Rengo Subsidiary Tri-Wall Acquires Manufacturer of Heavy Duty Packaging Materials in Spain

    Rengo Co., Ltd. announces that its consolidated subsidiary, Tri-Wall Limited, has acquired a 100% stake in Gestora Comercial Internacional,S.L.U. (GECOINSA), through Tri-Wall's wholly owned subsidiary.
    GECOINSA and its subsidiaries conduct most of their business in Spain, but also have operations in Portugal and Morocco. They manufacture and sell heavy duty packaging materials including corrugated packaging, wood packaging and pallets, and offer warehouse management and logistics services.
    Rengo has developed its heavy duty packaging materials business including corrugated packaging globally through the Tri-Wall Group. Now, with the addition of GECOINSA, Rengo's group network has expanded to the Iberian Peninsula and Morocco. Rengo will continue to strengthen its supply system further and respond to more diverse packaging/service needs.

    Overview of Tri-Wall Limited

    Address 19/F., Chu Kong Shipping Tower, 143 Connaught Road Central, Sheung Wan, Hong Kong
    Representative Yuji Suzuki, Chairman
    Main business Headquarters of the group’s manufacturing and sales business for heavy duty packaging materials (corrugated packaging, etc.)

    Overview of Gestora Comercial Internacional,S.L.U.

    Address P.I. La Postura, Av. Del Hotel, 13, 28343 Valdemoro, Madrid, Spain
    General Manager Pablo Torneiro Abuin
    Shareholder Tri-Wall Group 100%
    Main business Manufacturing and sales of heavy duty packaging materials (corrugated packaging, wood packaging and pallets, etc.), warehouse management and logistics services
    Net sales 22.4 million euros (approx. 3,539 million yen, consolidated sales in fiscal 2022)
    Business Locations • Pontevedra Vigo Plant (registered office)
     Ctra. Redondela-Peinador, 91, 36815 Redondela, Pontevedra, Spain
    • Madrid Valdemoro Headquaters and Plant
     P.I. La Postura, Av. Del Hotel, 13, 28343 Valdemoro, Madrid, Spain
    • Madrid Alcalá Warehouse
     P.I. Arrendataria Ajalvir, C/ Maroc, 8, 28806 Alcalá de Henares, Madrid, Spain
    • Toledo Seseña Warehouse
     Ctra. Seseña – Esquivias, Km. 0.800, 45224 Seseña, Toledo, Spain
    • Toledo Borox Warehouse
     P.I. Jesus Menchero García C/ Soladores 6, Nave V3, 45224 Borox,
     Toledo, Spain
    • Tanger Plant
     Zone Franche d'Exportation, Ilot K, Module 1, 90000 Tanger, Morocco