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.

Done Deals

  • Pharmaceutical company Covance has acquired Swiss Pharma Contract, a clinical research company based in Basel, Switzerland. The terms of the deal were not disclosed.
  • Neurological testing company NeuroFocus has acquired market research company Neuroco for an undisclosed sum.
  • Breedon Holdings has acquired Ennstone Thistle, a unit of Ennstone Plc, an Angus-based manufacturer and wholesaler of asphalt and ready-mixed concrete products.
  • York-based Pivotal Laboratories has been acquired by a US company, delivering an initial return of 2.2 times money for venture capital backer NVM.
  • IT services provider Concorde Informatics has been acquired in a BIMBO led by the firm’s former business development director, Colin Meakin. The details of the transaction remain undisclosed.
  • Egdon Resources Plc, a UK-based exploration and production company, has acquired YCI Resources from the Heyco Energy Group in an all-share deal.
  • York-based Pivotal Laboratories has been acquired by New York-based clinical testing company ACM for an undisclosed sum.
  • Cambridge technology firm Lab21 has acquired Biotec Laboratories, an Ipswich-based clinical diagnostic company. The terms of the deal remain undisclosed.

Nick Britton

Nick Britton

Nick was the Managing Editor for when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary...

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