Apr 10,2017 --Rengo Co., Ltd. (Head Office: Kita-ku, Osaka; Chairman, President & CEO: Kiyoshi Otsubo) announces that its wholly owned subsidiaries Howa Sangyo Co., Ltd. (Head Office: Funabashi-shi, Chiba; President: Yoshitaka Ozawa) and Nihon Matai Co., Ltd. (Head Office: Taito-ku, Tokyo; President: Masao Fujita) have jointly established a sales company in Thailand.
The new company will operate as a sales base both for Howa Sangyo’s flexible packaging business and for Nihon Matai’s heavy duty packaging business in Thailand and the Southeast Asia region, and will aim to improve the Group’s management efficiency and expand its business operations.
Overview of the new company
Howa Matai Packaging (Thailand) Co., Ltd.
Location 200 Moo 4, Jasmine International Tower, 6th Floor, Room 607B,
Chaengwattana Rd., Pakkret, Pakkret, Nonthaburi 11120, Thailand
(30 km north of Bangkok, or 40 minutes by car)
Capital 30 million bahts
Investment Ratio Howa Sangyo Co., Ltd. 50%
Nihon Matai Co., Ltd. 50%
Main business Sales of flexible packaging and heavy duty packaging
Representative Atsushi Nagayama
commencement date April 1, 2017
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