Tomoegawa Paper, maker of pulp and nonwoven fabric, is acquiring 100% of Japan-based Nippon Rika Paper; target company manufactures, processes, and sells packaging-related products

Japan , January 26, 2022 (press release) –

Deal In Brief

Tomoegawa Paper Co., Ltd, a company which makes, processes, imports, exports, and sells nonwoven fabric and pulp, has announced to acquire Nippon Rika Paper Co., Ltd, a company that manufactures, processes, and sells packaging-related products. Both companies involved in the transaction are based in Japan.

Deal Type    Acquisition
Sub-Category    100% Acquisition
Deal Status    Announced: 2022-01-21
Deal Participants
Target (Company)    Nippon Rika Paper Co., Ltd
Acquirer (Company)    Tomoegawa Paper Co.,Ltd.
Deal Rationale
% Acquisition    100%
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