Rengo Reaches Agreement with Tohoku Kogyo to Acquire Corrugated Packaging Business
Rengo Co., Ltd. (Head Office: Kita-ku, Osaka; President & CEO: Kiyoshi Otsubo) announces that it has reached agreement with Tohoku Kogyo Co., Ltd. (Head Office: Koriyama-shi, Fukushima Prefecture; President: Anne Patricia Kaneko) to acquire shares of a Tohoku Kogyo wholly-owned subsidiary in April 2011. Tohoku Kogyo will transfer its corrugated packaging business to the subsidiary through a corporate split.