Dongwon F&B Co., Ltd. (KOSE:A049770) agreed to acquire Geumcheon Co., Ltd for KRW 45.2 billion on August 21, 2015. Dongwon F&B Co., Ltd was selected as the preferred bidder. Dongwon F&B Co., Ltd. is acquiring 50000 shares of Geumcheon Co., Ltd. For the period ending December 31, 2014, Geumcheon Co., Ltd reported total assets of CNY 23.4 billion, net liabilities of CNY 15.66 billion, sales of CNY 115.99 billion and net profit of CNY 22.7 billion.