Dynapac Co., Ltd. (TSE:3947) concluded the share transfer agreement to acquire Asahi Danboru Co. Ltd. from Yukihiro Murase and others on June 18, 2018. Under the terms, Dynapac Co., Ltd will acquire 3 million shares of Asahi Danboru Co. Ltd. Post-acquisition, Asahi Danboru Co. Ltd will become a wholly owned subsidiary of Dynapac Co., Ltd. Asahi Danboru Co. Ltd reported sales of ¥2.7 billion for the fiscal year ended October 2017. The transaction is expected to be completed by July 3, 2018.