# Rengo acquires 51% of RM Tohcello after integrating packaging business

Rengo integrated the packaging solution businesses of SunTox and Mitsui Chemicals Tohcello into a merged company and acquired a 51.0% stake, making it a subsidiary renamed RM Tochello. The company makes polyolefin films and foam-molded sheets.

- Type: Acquisition
- Announced: 2024-04-16
- Where: Japan
- Status: completed
- Products: polyolefin films, foam-molded sheets, flexible packaging
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Rengo](https://endata.com/companies/1314.md) (acquirer)
- [SunTox](https://endata.com/companies/11758.md) (partner)
- [Mitsui Chemicals Tohcello](https://endata.com/companies/11759.md) (partner)

## Sources

- [pulpapernews.com](https://www.pulpapernews.com/20240416/15575/rengo-acquires-rm-tohchello-co), 2024-04-16: "Rengo announces that it has integrated the Packaging Solution business of SunTox Co., Ltd. and Mitsui Chemicals Tohcello, Inc. in an absorption-type merger and acquired 51.0% of shares."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.