Tokyo-based Dai Nippon Printing Co., Ltd. (DNP) and SIG have signed a joint venture agreement which will bring new value added carton packaging and filling technology solutions to the Japanese food and beverage industry.
The 50-50 joint venture will be established as of April 1, 2018, under the name of DNP • SIG Combibloc Co., Ltd., located in Tokyo.
More differentiation The main focus of the partnership is to provide greater differentiation and added value in the field of carton packaging, technology and services for the food and beverages industry in Japan.
Souichiro Nishitani, Corporate Officer and General Manager of Packaging Operations at DNP said: “The huge variety offered by the packaging system from SIG will enrich the Japanese market and offer clear added value for beverage manufacturers and consumers alike. The aim of our joint venture is to be Japan’s number 2 in aseptic carton packs by 2022.”Rolf Stangl, Chief Executive Officer at SIG added: “It is an exciting moment in our company's history. For many years we’ve looked into entering this big and promising market together with a perfect partner. We’ve now found this with DNP. Together with DNP, we are bringing innovative solutions to the food and beverage industry in Japan for current and next generation products.”
Throughout its history DNP, one of the world’s largest printing industry manufacturers, has successfully established a multitude of business operations. For example, DNP has been developing and marketing carton packs and filling systems for alcoholic beverages and soft drinks in Japan since 1978. Many food and beverage manufacturers are also using DNP’s aseptic PET filling system. The company is ideally positioned in Japan, with substantial experience in the field of aseptic technology through its network of highly-qualified service technicians and established connections with all major companies in the food and beverage industry.