SATO Corporation entered a share transfer agreement to acquire all voting shares of Hiranoya Bussan, a Japanese maker of flexible packages such as pouches, to strengthen its smart packaging business.
Asian private equity firm MBK Partners has agreed to acquire Japanese aluminium packaging and components maker Altemira Holdings from funds managed by Apollo Global Management, in a deal valued at about ¥117.5 billion (US$760 million).
Resonac Holdings transferred all shares of its wholly-owned subsidiary Resonac Packaging, which makes secondary battery and food packaging materials, to Dai Nippon Printing effective February 3, 2025. Resonac says the impact on its performance will be insignificant.
Berlin Packaging has acquired Osaka-based packaging supplier Nissho Jitsugyo, expanding its presence in Asia-Pacific. All Nissho employees, management and locations will be retained; financial terms were not disclosed.
Rengo integrated the packaging solution businesses of SunTox and Mitsui Chemicals Tohcello into a merged company and acquired a 51.0% stake, making it a subsidiary renamed RM Tochello. The company makes polyolefin films and foam-molded sheets.
Sumitomo Bakelite signed an agreement to acquire 90% of SB Pax, a new company split from Asahi Kasei Pax's laminated plastic film business, to expand its films and sheets business for pharmaceutical packaging. SB Pax is scheduled to begin operations on 1 April 2024.
Rengo Co., Ltd. acquired 70% of the shares of Nitto Danboru Co., Ltd., a corrugated packaging manufacturer based in Okegawa, Saitama Prefecture, making it a subsidiary.
Daio Paper's subsidiary Daio Package resolved to acquire all shares of Yoshizawa Industry, a corrugated cardboard sheet and container box maker in Niigata Prefecture, to secure base paper supply in Japan.
Rengo Co. acquired 100% of the shares of Takigawa Corporation and its related companies, which become part of Rengo Group's flexible packaging business.
Showa Aluminum Can agreed to acquire a 20% stake (16,000 shares) in Universal Can Corporation from Hokkan Holdings. Completion is planned for March 31, 2022. The deal was reported November 24, 2021, with no value disclosed.
Rengo resolved to subscribe to 2,150,000 new shares in Toppan Containers and buy 340,000 shares from Toppan Printing, making Toppan Containers its subsidiary. The deal is subject to antitrust approvals in Japan and China.
Tri-Wall Japan Co., Ltd. acquired 100% of J-Pack Co., Ltd., according to a Tri-Wall news item dated 14 October 2024. The article text is truncated so further details are unavailable.