Hanwa Co., Ltd. (TSE:8078) agreed to acquire a 90.2% stake in Tanaka Steel Trading Co., Ltd from Tanaka Tokuemon Pipe Shoten Co., Ltd. on December 12, 2022. The transaction is expected to close on December 20, 2022.

Hanwa Co., Ltd. (TSE:8078) completed the acquisition of 90.2% stake in Tanaka Steel Trading Co., Ltd from Tanaka Tokuemon Pipe Shoten Co., Ltd. in December 2022.