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Snow Breweries gulps Shandong Hupo

China Resources Snow Breweries, SABMiller's joint venture in China with China Resources Enterprise, has agreed to acquire the brewing assets of Shandong Hupo Brewery through the formation of a joint venture.

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Lab21 acquires Biotec Laboratories

Cambridge technology firm Lab21 has acquired Biotec Laboratories, an Ipswich-based clinical diagnostic company. The terms of the deal remain undisclosed. 

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Reading IT companies merge

Thatcham-based technology firm Applinet Plc has merged with Theale-based Unified Group, and the combined entity will trade as Proximity Communications. The terms of the deal were not disclosed.

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Stabilitech secures £3.3 million equity

A company whose technology enables vaccines to be stored at a range of temperatures has secured equity funding.

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Comply Serve attracts six-figure sum

Birmingham-based Comply Serve, a developer of a web-based project compliance management system, has received funding to expand its business.

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LDC sees more P2P deals this year

Public-to-private deals are set to increase this year as acquirers take advantage of lower valuations, according to the MD of Lloyds' private equity arm.

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Garlock seals another deal

Sealing company Garlock has acquired PTM, a rubber and plastics company for an undisclosed sum. Click here for more deals.

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IT Solutions and Acutec merge

Coventry-based IT Solutions has merged with Coleshill-based rival Acutec. The details of the deal were not disclosed. For more deals click here.

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Garlock seals another deal

Sealing company Garlock has acquired PTM, a rubber and plastics company for an undisclosed sum. Click here for more deals.

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IT Solutions and Acutec merge

Coventry-based IT Solutions has merged with Coleshill-based rival Acutec. The details of the deal were not disclosed. For more deals click here.

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Foresight backs ICA buy-out

Document management company ICA Group has undergone a management buy-out (MBO) backed by funds from venture capitalist Foresight.

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Bargain hunting in the Thames Valley

The feeble pound has brought UK technology companies into the sights of overseas buyers with money to spend. Andrew MacLeod reports

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AIM company takes Staines IT firm 

Innovise, an AIM-traded provider of workforce management software and managed IT services, has acquired Staines-based IT services firm Infrasolve, in a cash-and-shares deal worth £6.6 million.

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Security company joins SectorGuard’s legions

Waltham Cross-based security company SectorGuard Plc has acquired Legion Group Plc, a parking services and security company, for a nominal fee.

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