JAPAN (News release) - Rengo Co., Ltd. announces that it has invested in FCL Co., Ltd. through third-party allocation and acquired a 20% share of the company.

FCL is a machinery manufacturer that designs and manufactures industrial machines. Rengo has developed in-house designed machinery equipment with FCL jointly, which are used in Rengo's corrugated plants nationwide.

In the future, Rengo will support the strengthening of FCL's management foundation through this investment, and at the same time, deepen technical partnerships so as to further enhance facility development capabilities that support production technologies within the Rengo Group.