Tosoh Nikkemi Corporation agreed to acquire 95.8% stake in Kyoei Sangyo Co.,Ltd. (TSE:6973) from Nippon Denko Co., Ltd. (TSE:5563), Nihon Kagaku Sangyo Co., Ltd. (TSE:4094), and S Science Company, Ltd. (TSE:5721) on February 27, 2023. Transaction is expected to close on March 31, 2023.