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.