Toppan Printing and ITOCHU acquire 10.7% stake in TPN Food Packaging

Toppan Printing and ITOCHU entered into a capital and business alliance agreement to purchase a 10.7% stake in Thailand's TPN Food Packaging for an undisclosed sum, entering the flexible packaging market in Thailand.

“The latest deal has enabled Toppan Printing and ITOCHU to enter the flexible packaging market in Thailand, which is estimated to be worth around JPY120bn ($1.08bn).”packaging-gateway.com

• 1 source
• packaging-gateway.comJapan’s Toppan Printing and ITOCHU to acquire 10.7% stake in TPN Food Packaging -MrinmoyeeApr 6, 2017

Summarized from public sources; check the original articles before acting on it.