Sanoh Industrial Co. Ltd. (TSE:6584) agreed to acquire automobile pipe business division from Metalloprodukcia for approximately ¥3 billion on October 16, 2012. The transaction size include facility investment fee.

As the first step, Metalloprodukcia, will spin off its automobile pipe division and then Sanoh will purchase the firm. Sanoh will take in roughly 100 employees from Metalloprodukcia. The transaction is expected to complete in 2012.