Tsuzuki Corporation and Nishigaki Lumber,Inc. agreed to acquire 30% stake in Seven Industries Co., Ltd. (TSE:7896) from Sumitomo Corporation (TSE:8053) on February 20, 2015. Tsuzuki and Nishigaki Lumber will acquire 2.36 million and 2.07 million shares respectively. The transaction is expected to close on February 26, 2015.