Velvin Group

Announcements · 3

Nov 18, 2023PARTNERSHIPCheyyar, Tamil Nadu, India
Velvin Group and Rengo of Japan form joint venture for corrugation unit in Tamil Nadu
Velvin Group and Japan's Rengo Co announced a joint venture for an upcoming corrugation unit in Cheyyar, Tamil Nadu, India. Rengo takes a 30% equity stake, and Velvin Containers will be renamed Velvin Rengo Containers Private Limited.
Rengo partner Velvin Group partner packagingsouthasia.com
Nov 17, 2023ACQUISITIONChennai, Tamil Nadu, India
Rengo acquires 30% stake in Indian packaging maker Velvin Containers
Japanese paper and packaging manufacturer Rengo acquired a 30% interest in Indian corrugated packaging manufacturer Velvin Containers, which will be renamed Velvin Rengo Containers. Financial terms were not disclosed. Velvin is developing a corrugated plant near Chennai.
Rengo acquirer Rengo partner Velvin Group partner Velvin Containers target #Packaging packaging-gateway.com thepulpandpapertimes.com
Nov 17, 2023ACQUISITIONCheyyar, Tamil Nadu, India
Velvin Group and Rengo form joint venture for corrugation unit in Tamil Nadu
Velvin Group and Japan's Rengo formed a joint venture for an upcoming corrugation unit in Cheyyar, Tamil Nadu, with Rengo taking a 30% equity stake. Velvin Containers will be renamed Velvin Rengo Containers Private Limited.
Rengo investor Velvin Group partner #Packaging daijiworld.com

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