Nippon Dry-Chemical Co., Ltd. (TSE:1909) agreed to acquire unknown majority stake in Koushin Plant Kougyo Co., Ltd on October 29, 2018. Post-acquisition, Koushin Plant Kougyo will become a subsidiary of Nippon Dry-Chemical. The transaction has been resolved by the Board of Directors of Nippon Dry-Chemical at the meeting held on October 29, 2018. The transaction is expected to be completed by November 1, 2018. Nippon Dry-Chemical Co., Ltd. (TSE:1909) cancelled the acquisition of unknown majority stake in Koushin Plant Kougyo Co., Ltd on October 29, 2019.