Rengo : Subsidiary Tri-Wall Acquires Manufacturer of Heavy Duty Packaging Materials in Spain
October 17, 2023 at 07:05 am
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October 17, 2023
Rengo Subsidiary Tri-Wall Acquires Manufacturer of Heavy Duty Packaging Materials in Spain
Rengo Co., Ltd. announces that its consolidated subsidiary, Tri-Wall Limited, has acquired a 100% stake in Gestora Comercial Internacional,S.L.U. (GECOINSA), through Tri-Wall's wholly owned subsidiary.
GECOINSA and its subsidiaries conduct most of their business in Spain, but also have operations in Portugal and Morocco. They manufacture and sell heavy duty packaging materials including corrugated packaging, wood packaging and pallets, and offer warehouse management and logistics services.
Rengo has developed its heavy duty packaging materials business including corrugated packaging globally through the Tri-Wall Group. Now, with the addition of GECOINSA, Rengo's group network has expanded to the Iberian Peninsula and Morocco. Rengo will continue to strengthen its supply system further and respond to more diverse packaging/service needs.
Overview of Tri-Wall Limited
Address
19/F., Chu Kong Shipping Tower, 143 Connaught Road Central, Sheung Wan, Hong Kong
Representative
Yuji Suzuki, Chairman
Main business
Headquarters of the group's manufacturing and sales business for heavy duty packaging materials (corrugated packaging, etc.)
Overview of Gestora Comercial Internacional,S.L.U.
Address
P.I. La Postura, Av. Del Hotel, 13, 28343 Valdemoro, Madrid, Spain
General Manager
Pablo Torneiro Abuin
Shareholder
Tri-Wall Group 100%
Main business
Manufacturing and sales of heavy duty packaging materials (corrugated packaging, wood packaging and pallets, etc.), warehouse management and logistics services
Net sales
22.4 million euros (approx. 3,539 million yen, consolidated sales in fiscal 2022)
Business Locations
• Pontevedra Vigo Plant (registered office)
Ctra. Redondela-Peinador, 91, 36815 Redondela, Pontevedra, Spain
• Madrid Valdemoro Headquaters and Plant
P.I. La Postura, Av. Del Hotel, 13, 28343 Valdemoro, Madrid, Spain
• Madrid Alcalá Warehouse
P.I. Arrendataria Ajalvir, C/ Maroc, 8, 28806 Alcalá de Henares, Madrid, Spain
• Toledo Seseña Warehouse
Ctra. Seseña - Esquivias, Km. 0.800, 45224 Seseña, Toledo, Spain
• Toledo Borox Warehouse
P.I. Jesus Menchero García C/ Soladores 6, Nave V3, 45224 Borox,
Toledo, Spain
• Tanger Plant
Zone Franche d'Exportation, Ilot K, Module 1, 90000 Tanger, Morocco
Rengo Co. Ltd. published this content on 17 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 October 2023 06:04:31 UTC.
Rengo Co., Ltd. is a paper box manufacturer. The Cardboard and Paper Processing-related segment manufactures and sells paperboard, corrugated board and corrugated boxes in domestic markets. The Soft-type Packaging-related segment manufactures and sells soft-type packaging products and cellophane in domestic markets. The Heavy Duty Packaging-related segment manufactures and sells heavy duty packaging products in domestic markets. The Overseas-related segment manufactures and sells paperboard, corrugated board, corrugated boxes, soft-type and heavy duty packaging products in overseas markets. The Others segment is engaged in the manufacture of nonwoven cloth, the logistic business, insurance agency business, lease business and real estate business.