OK Food Industry Co., Ltd. (JASDAQ:2905) agreed to acquire Veggie Pro Foods Co., Ltd from Delica Ace Corporation for ¥550 million on May 15, 2017. Ok Food will acquire 601 shares of Veggie Pro Foods and will hold 100% stake post completion. The transaction is resolved by the Board of Ok Food Industry. The contract conclusion is expected on May 15, 2017 and the completion is expected to occur on May 31, 2017.