Naigai Trans Line Limited (TSE:9384) agreed to acquire international intermodal transport business from Flying Fish Service Corporation on February 8, 2013. Naigai Trans Line Limited (TSE:9384) entered into a contract to acquire international intermodal transport business from Flying Fish Service Corporation for ¥700 million on May 28, 2013. Naigai Trans Line will pay the purchase price through bank transfer with settlement date as June 3, 2013.

The international intermodal transport business reported sales of ¥2.45 billion during the year ending March 31, 2012. The international intermodal transport business has assets of ¥201 million and liabilities of ¥198 million. The Board of Directors of Naigai Trans passed a resolution on February 8, 2013.

The transaction is expected to complete from March 15, 2013 to April 2013. As of May 28, 2013, the transaction is expected to be completed on June 1, 2013.