# 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.

- Type: Acquisition
- Announced: 2020-08-13
- Where: Cuautlancingo, Puebla, Mexico
- Status: completed
- Products: heavy-duty corrugated cardboard, heavy packaging materials for automotive industry
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Rengo](https://endata.com/companies/1314.md) (acquirer)
- [Triwall Corporation](https://endata.com/companies/1759.md) (acquirer)
- [Tim Packaging Systems](https://endata.com/companies/6887.md) (target)

## Sources

- [en.lnews.jp](https://en.lnews.jp/2020/10/m1013305.html), 2020-08-13: "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."

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