# Oji Holdings agrees to buy additional 20% stake in Oji JK Packaging

Oji Holdings reached an agreement with JK Paper to acquire an additional 20% stake in Oji JK Packaging, a corrugated container maker in India that is a joint venture of JK Paper, Oji and Marubeni.

- Type: Acquisition
- Announced: 2017-01-05
- Where: Neemrana, Haryana, India
- Status: announced
- Products: corrugated containers
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Oji Holdings](https://endata.com/companies/693.md) (acquirer)
- [JK Paper](https://endata.com/companies/694.md) (partner)
- [Marubeni](https://endata.com/companies/695.md) (partner)
- [Oji JK Packaging](https://endata.com/companies/938.md) (target)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/mas-this-week-oji-holdings-sato-holdings-5709639/), 2017-01-05: "Japanese paperboard and paper company, Oji Holdings Corporation (OHC), has reached an agreement with JK Paper, to acquire an additional 20% stake in Oji JK Packaging Private Limited (OJP)."
- [packagingsouthasia.com](https://packagingsouthasia.com/events/jk-paper-ends-packaging-joint-venture-with-oji-holdings/), 2017-02-14: "The company has sold the shares held by it in Oji JK Packaging to Oji Holdings Corporation, Japan, and has ceased to be a party to the aforesaid joint venture"

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