“That is An important milestone in the TOPPAN Team’s global strategy to scale the sustainable packaging business.”

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The TOPPAN Group aims to get a number one Alternative provider addressing international concerns. Beneath The present medium-expression-tactic, the TOPPAN Team has long been reworking its portfolio, and amongst its key methods would be to generate sustainable packaging options at worldwide scale.

“We're incredibly pleased to possess the opportunity to bring Sonoco’s TFP business to the TOPPAN Team. So that you can speed up our strategy to become a global chief in sustainable packaging alternatives, We are going to utilize the complementary strengths of each parties to travel expansion, fix consumers’ requirements and create sizeable price for our shareholders,” mentioned Hideharu Maro, Representative Director, President & CEO of TOPPAN Holdings.

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The TOPPAN Team’s world team of over 50,000 personnel features exceptional solutions enabled by market-major skills and systems to handle the assorted troubles of each small business sector and Modern society and add to your accomplishment of shared sustainability aims.

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The TOPPAN Team has actually been driving innovation in the event of sustainable packaging alternatives by developing a worldwide provide chain from film manufacturing to packaging producing and optimizing Charge to satisfy brand name proprietors’ requirements locally and globally. 

This acquisition is highly complementary, combining the strong profits network, consumer foundation, and Option progress capabilities of Sonoco’s TFP company in North and South America While using the complex knowledge and manufacturing abilities of TOPPAN Group’s global packaging business enterprise. Sonoco's TFP is a number one thermoformed and flexible packaging business enterprise serving a wide array of clients in food, retail, and clinical verticals.