KOSSEN Co., Ltd. (KOSDAQ:A009730) agreed to acquire Super Deck Business Division of Kosteel Co.,Ltd. from Kosteel Co.,Ltd. for KRW 45 billion on December 4, 2023. The consideration was paid in cash. Transaction is borrowing from financial institutions and cash holdings. Super Deck Business Division of Kosteel Co.,Ltd. reported Total revenue of KRW 72 billion and Total assets of KRW 46.5 billion on December 31, 2022. Transaction is expected to complete on January 31, 2024.

KOSSEN Co., Ltd. (KOSDAQ:A009730) completed the acquisition of Super Deck Business Division of Kosteel Co.,Ltd. from Kosteel Co.,Ltd. on January 31, 2024.