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Japanese paper and packaging group Oji Holdings Corp completed the acquisition of Finnish film and packaging producer Walki Holding Oy in mid April 2024. Walki was owned by One Equity Partners since 2018. It has 17 production facilities in Finland, Germany, Belgium, Spain, France, Poland, the UK, and China and employs more than 1,700 people.

Oji owns two other European subsidiaries – Kanzan Spezialpapiere in Düren, Germany – with around 300 employees, and the Italian manufacturer of packaging and filling machines, IPI, which it acquired in 2023.

Oji Holdings Corporation was ranked as the sixth world’s largest paper & pulp company in 2022 and has nearly 38,000 employees, 156 subsidiaries worldwide, 86 manufacturing sites throughout Japan, forestry operations in Australia, Brazil, Canada, China, Germany, New Zealand and other countries around the world. Oji Holdings Corporation is listed at the Tokyo Stock Exchange with a market capitalization of approximately US$4bn.

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Last updated by Pernille Rudlin at 2024-04-25.