Rengo confirms that it has acquired 100% of the shares issued by Nagai Tekko Co., Ltd.
Nagai Tekko is a machine manufacturer that designs and manufactures winders, rolls, and other equipment used in paper mills. It has strengths in the design of machines and development of control systems and delivers high-performance and high-quality machines to paperboard manufacturers. Rengo decided to acquire Nagai Tekko to support the continuation of its technologies and apply them to the Rengo Group. In the future, Rengo will support the further stabilisation of Nagai Tekko’s management, and at the same time, strengthen collaboration with the company in the aspect of technology to improve technological development capabilities within the Rengo Group.
