Kurita Water Industries Ltd. (TSE:6370) signed a letter of intent to acquire Fremont Industries, Inc. for $40 million on November 30, 2016. Kurita Water signed a definitive agreement to acquire Fremont Industries, Inc. on December 19, 2016. The transaction was approved by the Board of Directors of Kurita Water Industries Ltd. on November 30, 2016. Peter Ekberg and Dan Matsuda of Jones Day acted as legal advisor to Kurita Water Industries Ltd. Kurita Water Industries Ltd. (TSE:6370) completed the acquisition of Fremont Industries, Inc. on January 3, 2017.