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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.
Rengo subsidiary Triwall Corporation acquired an 80% stake in Aldez Containers, a heavy-duty corrugated packaging manufacturer headquartered in Almont, Michigan with plants in Texas, Ohio and Kentucky.
Rengo's subsidiary Triwall Corporation established a joint venture company, TW Michigan Corporation, in Michigan, USA, to manufacture and sell heavy-duty packaging materials. The announcement was made on 14 July 2017.