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CMC Packaging Automation links with Correns to expand in Japan
Yahoo Financeยท 2025-10-08 10:57
Core Insights - CMC Packaging Automation has partnered with Correns to enhance local sales and service capabilities in Japan, focusing on sustainable packaging and automated technology adoption in retail and e-commerce sectors [1][4] - The partnership aims to leverage Correns' local expertise and service network to support the growing demand for optimized packaging solutions in Japan's advanced logistics market [2][3] Group 1: Partnership Details - The collaboration will promote sustainable packaging practices and increase the adoption of automated packaging technology across Japan [1] - CMC introduced its CartonWrap system to Japan in 2015 and has since provided right-sized packaging solutions to major retailers and logistics operators [2] - Correns operates multiple offices in Japan and employs over 170 personnel, including service engineers and technicians, to support the partnership [2] Group 2: Market Context - Japan is recognized as one of the most advanced and demanding logistics markets globally, making this partnership significant for both companies [3] - CMC Packaging Automation is headquartered in Italy and backed by KKR, operating in Europe and North America, while focusing on e-commerce, retail, and logistics clients [4] - The companies plan to showcase their solutions at the Japan Pack business exhibition in October 2025, indicating a commitment to innovation and market presence [3]