Yushiro Mexico S.A. de C.V announced that it will raise $1,300,000 in funding from existing investor, Yushiro Chemical Industry Co. Ltd. on August 21, 2012. The transaction is expected to close by December 31, 2012.

The investor presently holds 99% indirect stake and 1% direct stake and on completion of the transaction, will hold 99.7% direct stake and 0.3% indirect stake. The transaction was approved by board of directors of the investor.