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Furukawa Co., Ltd. has acquired 15,480 shares (60%) of Earth Technica Co., Ltd. for 7,020 million yen, completing its consolidation as a subsidiary. The remaining 40% shares are scheduled to be acquired on April 1, 2027, for 4,680 million yen.
Furukawa Co., Ltd. and Kawasaki Heavy Industries executed a share transfer agreement for EarthTechnica Co., Ltd., a Kawasaki subsidiary in the crushing and grinding equipment business. Furukawa will acquire all shares in two phases, starting with 60%.