Riken Technos Corp. (TSE:4220) agreed to acquire Mitsui Chemicals Fabro Inc. from Mitsui Chemicals Inc. (TSE:4183) on March 30, 2012. Riken Technos will acquire 0.2 million shares of Mitsui Chemicals Fabro. Mitsui Chemical Fabro will be renamed, but its production structure and product brands will be maintained for the time being. On the sales front, Riken's entire sales force in Tokyo will be integrated into the sales office of Mitsui Chemical Fabro. Mitsui Chemical Fabro's plant in Aichi Prefecture will be added to Riken's domestic plants in Saitama Prefecture and Mie Prefecture and overseas plant in China to give a total of four. Mitsui Chemicals Fabro Inc. reported revenues of ¥7 billion for the year ending December 31, 2011. The transaction is subject to approval from relevant authorities. As of April 17, 2012, the transaction is approved by Japan Fair Trade Commission. The transaction is expected to complete on October 1, 2012.

Riken Technos Corp. (TSE:4220) completed the acquisition of Mitsui Chemicals Fabro Inc. from Mitsui Chemicals Inc. (TSE:4183) for ¥3.6 billion on October 1, 2012.