October 1, 2024
Rengo Invests in Murase Danboru Ltd.
Rengo Co., Ltd. announces that it has invested in Murase Danboru Ltd. and acquired a 20% share of the company (excluding treasury shares).
Murase Danboru is a manufacturer of corrugated packaging established in 1942. It is based in Konan-shi, Aichi Prefecture, and has built a strong customer base mainly in the area.
Through this investment, Rengo will strengthen the collaboration between Murase Danboru and neighboring plants directly managed by Rengo to further expand the Rengo Group's corrugated packaging business in the area.
Overview of Murase Danboru Ltd.
| Head office location | 70 Tenno, Gomyo-cho, Konan-shi, Aichi Prefecture |
| Plant location |
Head office plant: 70 Tenno, Gomyo-cho, Konan-shi, Aichi Prefecture Second plant: 98 Nishiura, Nakanara-cho, Konan-shi, Aichi Prefecture |
| Representative | Representative Director and President Genichiro Murase |
| Capital | 13 million yen |
| Shareholders |
MY Holdings, Limited 80% Rengo Co., Ltd. 20% (Shareholding ratio is calculated excluding treasury shares.) |
| Main business | Manufacturing and sales of corrugated board and boxes |
| Net sales | Approx. 1,500 million yen (fiscal year ended September 2023) |
| Number of employees | 49 |