The Dacca Dyeing and Manufacturing Co. Ltd. (DSE:DACCADYE) agreed to acquire Apex Leather Craft Limited from Advanced Chemical Industries Ltd. (DSE:ACI) on May 2, 2013. The transaction is subject to approval from Honorable High Court Division of Bangladesh Supreme Court, shareholders of Advanced Chemical Industries, BSEC and other government authorities.

The Dacca Dyeing and Manufacturing Co. Ltd. (DSE:DACCADYE) cancelled the acquisition of Apex Leather Craft Limited from Advanced Chemical Industries Ltd. (DSE:ACI) on May 2, 2014.