Swiss packaging machine company SIG Combibloc has formed a joint venture with Dai Nippon Printing (DNP) to create a new carton packaging company in Japan.
DNP and SIG Combibloc will both own 50% stake in the joint venture company, which will operate under the name DNP • SIG Combibloc from Tokyo headquarters, starting from April.
The joint venture will mainly focus on supplying value added carton packaging and filling solutions to the Japanese food and beverage industry.
DNP packaging operations corporate officer and general manager Souichiro Nishitani 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.”
DNP has been providing carton packs and filling systems for alcoholic beverages and soft drinks in Japan since 1978. Many food and beverage manufacturers are claimed to be using DNP’s aseptic PET filling system.
According SIG, DNP is already having a stronger network of service technicians and connections with major companies in the food and beverage industry in the country which will benefit the joint venture.
SIG chief executive officer Rolf Stangl said: “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.”
In 2016, the two companies had signed a deal to collaborate in the Japanese food and beverage carton market. With the collaboration, the partners aimed to capitalize on each other’s strength to expand in the country.
As per the collaboration, SIG offered its range of carton packs and openings along with carton packaging solutions for products containing particulates.
Image: Souichiro Nishitani (left) and Rolf Stangl at signing ceremony. Photo: Courtesy of SIG.