# Toppan Printing and ITOCHU take 10.7% stake in Thai flexible packaging firm TPN Food Packaging

Toppan Printing and ITOCHU agreed a capital and business alliance to acquire a 10.7% stake in TPN Food Packaging, a Thai flexible packaging company set up by the TPN Group, targeting food and toiletry packaging.

- Type: Acquisition
- Announced: 2017-04-06
- Where: Chachoengsao, Thailand
- Status: announced
- Products: flexible packaging, functional food packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Toppan Printing](https://endata.com/companies/1233.md) (investor)
- [ITOCHU](https://endata.com/companies/1234.md) (investor)
- [TPN Group](https://endata.com/companies/1235.md) (partner)

## Sources

- [holdings.toppan.com](https://www.holdings.toppan.com/en/news/2017/04/newsrelease170406.html), 2017-04-06: "Through this agreement, Toppan Printing and ITOCHU will acquire a 10.7% stake in TPN Food Packaging."

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