Hansol Logistics Co., Ltd. (KOSE:A009180) entered into an agreement to acquire Eastern Logistics Inc. for approximately KRW 7.8 billion on July 22, 2021. As of August 25, 2021, the consideration amount changed to KRW 7.7 million. Eastern Logistics Inc. reported total assets of KRW 14.6 billion, total equity of KRW 3.2 billion, sales of KRW 27.9 billion and net income of approximately KRW 560 million for the year ended December 2020. The transaction is expected to close on August 2, 2021.