Filling and Packing Materials Manufacturing Company (SASE:2180) signed an agreement to acquire the remaining 20% stake in FPC Industries Company from Erad Investment Company on March 2, 2020. The agreement stipulates that Erad Investment will sell its minority stake in exchange for 20% of the subsidiary's net profit a period of 10 years, until the end of 2029. Under the acquisition agreement, FPC will be fully owned by FIPCO. Filling and Packing Materials Manufacturing Company (SASE:2180) completed the acquisition of the remaining 20% stake in FPC Industries Company on April 26, 2020. All the regulatory approvals for the transaction have been received.