RENGO CO., LTD. February 13, 2023
Rengo Acquires Nitto Danboru Co., Ltd.
Rengo Co., Ltd. announces that it has acquired 70% of the shares issued by Nitto Danboru Co., Ltd., making Nitto Danboru a Rengo subsidiary.
Nitto Danboru is a corrugated packaging manufacturer established in 1966. Based in Okegawa-shi, Saitama Prefecture, it has built a strong customer base focusing on the area.
In the future, Rengo will strengthen collaboration among Rengo Group companies, including Nitto Danboru, in Saitama Prefecture and neighboring areas, to further expand its corrugated packaging business.
Overview of Nitto Danboru Co., Ltd.
| Location | 860-3 Oaza Sakata, Okegawa-shi, Saitama Prefecture |
| Representative | Representative Director & President Go Kido |
| Capital | 80 million yen |
| Major shareholder | Rengo Co., Ltd. 70% |
| Main business | Manufacturing and sales of corrugated board and boxes |
| Net sales | Approx. 1,500 million yen (fiscal year ended March 2022) |
| Number of employees | 54 |
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Rengo Co. Ltd. published this content on 13 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 February 2023 07:04:06 UTC.
