17th October, 2023

Tri-Wall Acquires Manufacturer of Heavy-Duty Packaging Materials in Spain

We are delighted to announce that 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.

The Tri-Wall Group has been consistently supporting Rengo’s heavy duty packaging materials business including corrugated packaging globally. Now, with the addition of GECOINSA, its network has expanded to the Iberian Peninsula and Morocco. Tri-Wall will continue to strengthen its supply system further and respond to more diverse packaging/service needs.

Overview of Tri-Wall Limited

Location: 19/F., Chu Kong Shipping Tower, 143 Connaught Road Central, Sheung Wan, Hong Kong

Representative: Yuji Suzuki, Chairman

Main business: Headquarters of the group’s manufacturing and sales business for heavy duty packaging materials (corrugated packaging, etc.)

Overview of Gestora Comercial Internacional, S.L.U.

Address: P.I. La Postura, Av. Del Hotel, 13, 28343 Valdemoro, Madrid, Spain

General Manager: Pablo Torneiro Abuin

Shareholder: Tri-Wall Group 100%

Main business: Manufacturing and sales of heavy duty packaging materials (corrugated packaging, wood packaging and pallets, etc.), warehouse management and logistics services

Net sales: 22.4 million euros (approx. 3,539 million yen, consolidated sales in fiscal 2022)

Business Locations

Pontevedra Vigo Plant (registered office)

Ctra. Redondela-Peinador, 91, 36815 Redondela, Pontevedra, Spain

Madrid Valdemoro Headquaters and Plant

P.I. La Postura, Av. Del Hotel, 13, 28343 Valdemoro, Madrid, Spain

Madrid Alcalá Warehouse

P.I. Arrendataria Ajalvir, C/ Maroc, 8, 28806 Alcalá de Henares, Madrid, Spain

Toledo Seseña Warehouse

Ctra. Seseña – Esquivias, Km. 0. 800, 45224 Seseña, Toledo, Spain

Toledo Borox Warehouse

P.I. Jesus Menchero GarcÍa C/ Soladores 6, Nave V3, 45224 Borox, Toledo, Spain

Tangier Plant

Zone Franche d’ Exportation, Ilot K, Module 1, 90000 Tangier, Morocco