Procedures to make Majend Makcs a consolidated subsidiary of Toppan are scheduled to be completed in May 2022. Toppan set out a key concept of ‘Digital & Sustainable Transformation’ in the Medium Term Plan (April 2021 to March 2023) published in May 2021. Priority measures identified include meeting sustainability-related demand and accelerating establishment of a network
Headquartered in Punjab, MSFL has been an equity method associate of Toppan since 2017, when Toppan acquired a 49 percent stake. Effective yesterday, February 1, it has now become a consolidated subsidiary. In addition to enabling Toppan to make a full-scale entry into the BOPP film business in India, the investment will support efforts to expand the company’s network for