G Three Holdings Corporation (TSE:3647) agreed to acquire Eikyu Nogen Co., Ltd from General Energy Solutions Inc for ¥880 million on August 29, 2018. G Three Holdings Corporation will sign share transfer agreement with General Energy Solutions Inc on September 10, 2018. For the fiscal year ended December 2017, Eikyu Nogen Co., Ltd reported net assets of ¥192.03 million, total assets of ¥1.91 billion, sales of ¥0.55 million, operating income of ¥23.5 million and net income of ¥37.5 million. The transaction has been resolved by the Board of Directors of G Three Holdings Corporation at the meeting held on August 29, 2018. The transaction is expected to be completed by September 10, 2018.