Rengo's Triwall acquires Mexican heavy-duty packaging maker Tim Packaging Systems

Rengo's subsidiary Triwall, through TW Mexico Packaging Solutions, acquired a 99.99% stake in Tim Packaging Systems, the Mexican unit of Germany's Tim Group, which makes heavy-duty corrugated packaging for the automotive industry. The article is dated 13 August 2020 and gives the announcement as 12 October.

“By taking over Tim Mexico from the Tim Group and adding it as a new base, the company aims to strengthen its supply chain in Mexico.”en.lnews.jp

• 1 source
• en.lnews.jpRengo acquires Mexican heavy-duty packaging material manufacturer as a subsidiary - LNEWS, Logistics NewsAug 13, 2020

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