Japan Pulp and Paper : Notice Concerning the Strengthening of Packaging Materials Sales Business in UK

WBC is engaged in importing and wholesale of packaging-related materials and sells wrapping materials and cushioning for food as well as wine and other beverages, tissue paper for gift wrapping, bags for wine bottles, wooden crates for bottles, baskets, shelves for shops, and display products to corporate customers such as retailers as well as individual customers through its online store. Its tailor-made products for luxury department stores and food brands, created by an in-house design team, have been highly rated for their quality and service.

Through the share acquisition, PPG aims to generate synergy effects such as utilizing PPG's distribution network to expand the sales area for WBC products and boosting sales of WBC products to PPG customers as well as of expanding sales of items offered by PPG such as cardboard boxes, various films, and sign and display products to WBC customers.