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Japan United, via its German subsidiary United Europe and TRICOR Packaging & Logistics, signed a share purchase agreement to acquire THIMM Packaging Systems, a heavy-duty packaging maker in Hausen, Germany, subject to German antitrust approval.
Japan's Rengo Group agreed to acquire Thimm Packaging Systems, the industrial goods division of Germany's Thimm Group, with the price kept confidential. The takeover awaits Federal Cartel Office approval, expected within weeks.