SIG Combibloc Group AG Signs an Agreement to form Joint Venture with Dai Nippon Printing Co., Ltd. to Create a New Carton Packaging Company in Japan
February 21, 2018
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SIG Combibloc Group AG (SIG) has signed an agreement to form joint venture (JV) with Dai Nippon Printing Co., Ltd. (DNP), to create a new carton packaging company in Japan. The JV will be named as DNP-SIG Combibloc Co., Ltd., to provide differentiation and create added value for the food and beverage industry in the Japanese aseptic carton packaging market. As part of the transaction, both SIG and DNP will own each 50% stake in the JV. Rolf Stangl is the chief executive officer of SIG. The JV will be established on April 1, 2018.
Dai Nippon Printing Co. specializes in printing services. Net sales break down by activity as follows:
- printing of cards, books and business documents (54.1%): microchips, plastic cards, books, magazines, catalogs, administrative forms, brochures, indices, etc.;
- printing of flexible packages and decorative coatings (28.2%): bags, bottles, cardboard boxes, paint papers, wood and metal engraved plates, etc. The group also produces and sells optic films, ink ribbons, etc.;
- manufacturing of electronic components (13.7%): semiconductors components, photolithography masks, projection screens, protection filters for screens, color printers components, etc.;
- production of beverages (4%).
Net sales are distributed geographically as follows: Japan (83%), Asia (10.6%) and other (5.4%).
DAI NIPPON PRINTING CO., LTD. 
