-- OSP Holdings has acquired U.S.-based Merchant Investments to expand in North America and capture rising demand for packaging labels, Nikkei reported Tuesday.
The deal gives OSP its first manufacturing base in the U.S., strengthening its ability to respond to customers with shorter lead times, according to the report.
The move comes as Japan's shrinking population pressures domestic growth, prompting OSP to lift overseas sales from a low base, the report said.
Demand for packaged food, including meal delivery, continues to support growth in the U.S. label market, according to the report.
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