Oji Holdings Corporation (“Oji Holdings”) hereby announces that, Oji Adba Co., Ltd. (“Oji Adba”), a wholly owned subsidiary of Oji Holdings, merged Nichipac Co., Ltd. (“Nichipac”), a wholly owned subsidiary of Oji Adba, on February 1, 2014. The summary of the Merger are as follows.
1. Purpose of merger
Oji Adba and Nichipac, both companies operate paper bag business mainly, aim to increase business efficiency and to enhance sales drive by the Merger.
2. Summary of merger
(1) Method of the Merger
Oji Adba will be surviving company, and Nichipac will be the dissolving company in the Merger.
(2) Date for the Merger
February 1, 2014
3. Summary of concerned companies of the Merger
Trade Name : Oji Adba Co., Ltd.
Location : Zama-shi, Kanagawa
Representative : Shinji Hatasako, President and Chief Executive Officer
Capital : 96 million JPY
Major business line : Manufacture and sale of paper bags and packaging material
Number of employees : 163(as of January 31, 2014)
Trade Name : Nichipac Co., Ltd
Location : Machida-shi, Tokyo
Representative : Yoshikazu Maejima, President and Chief Executive Officer
Capital : 15 million JPY
Major business line : Manufacture and sale of paper bags and packaging material
Number of employees : 92(as of January 31, 2014)
End
Contact:
Kouta Nagatomi,
Director of the board, General Manager, Administration Division, Oji Adba Co., Ltd.
Phone: 81-46-254-1111