# Rengo acquires majority stake in Toppan Containers from Toppan Printing

Rengo resolved to subscribe to 2,150,000 new shares in Toppan Containers and buy 340,000 shares from Toppan Printing, making Toppan Containers its subsidiary. The deal is subject to antitrust approvals in Japan and China.

- Type: Acquisition
- Announced: 2018-04-02
- Where: Japan
- Status: announced
- Capacity: three corrugated board plants
- Products: corrugated packaging, corrugated board
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Toppan Printing](https://endata.com/companies/1233.md) (partner)
- [Rengo](https://endata.com/companies/1314.md) (acquirer)
- [Toppan Containers](https://endata.com/companies/3081.md) (target)

## Sources

- [lesprom.com](https://www.lesprom.com/en/news/Rengo_acquires_shares_in_Toppan_Containers_82613/), 2018-04-02: "Rengo resolved to subscribe for the issuance of 2,150,000 new shares by third party allotment in Toppan Containers Co., Ltd."

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