Rengo : Consolidated Subsidiary to Acquire Shares of TRICOR Packaging & Logistics and Gutmann Anlagentechnik

August 9, 2019

Rengo Consolidated Subsidiary to Acquire Shares of TRICOR Packaging & Logistics and Gutmann Anlagentechnik

Rengo Co., Ltd. announces that it has resolved at its Board of Directors' meeting that its consolidated subsidiary, Tri-Wall Holdings Limited (Head Office: Cayman Islands) will acquire 100% of the shares in TRICOR Packaging & Logistics AG (Head Office: Germany) through its subsidiary, Tri-Wall Germany GmbH (Head Office: Germany), from NMJJ Allgäuer Vermögensverwaltung GmbH and 7-Industries Beteiligungs-GmbH. Tri-Wall Germany will also acquire 100% of the shares in Gutmann Anlagentechnik GmbH (Head Office: Germany) from NMJJ Allgäuer Vermögensverwaltung GmbH and both TRICOR and Gutmann will become indirectly owned subsidiary companies of Rengo Co., Ltd. upon closing.