Aromasoft Corporation (KOSDAQ:A072770) agreed to acquire an additional 20% stake in Neodian Technology Co., Ltd. for KRW 1.3 billion in cash on March 30, 2015. Aromasoft Corporation is acquiring 0.012 million shares at an offer per share of KRW 0.106 million per share. Aromasoft Corporation will hold 56% stake after the completion of the transaction.

Neodian Technology reported total assets of KRW 15.2 billion, total liabilities of KRW 9.11 billion, total stockholders' equity of KRW 6.09 billion, sales revenue of KRW 38.78 billion and net profit of KRW 1.14 billion for the year ended December 31, 2014. The deal was resolved by the Board of Directors on March 30, 2015 and is expected to complete on March 30, 2015.