Alliance Boots acquires stake in Brazilian pharmaceutical wholesaler Athos Farma

Alliance Boots has purchased 25 per cent of Brazilian pharmaceutical wholesaler Athos Farma for an undisclosed amount. Read on for more deal headlines.

Other Done Deals

  • Alliance Boots has purchased 25 per cent of Brazilian pharmaceutical wholesaler Athos Farma for an undisclosed amount. The deal is Alliance Boots first venture into South America
  • US-based analyst firm Forrester Research has purchased its rival, Jupiter Research for $23 million (£11.8 million)
  • AIM-listed SpiriTel, a business communications service provider, has acquired ED Communications for up to £3 million. ED is SpiriTel’s sixth acquisition in less than two years
  • OAO Severstal, a metals and mining company, has acquired Esmark Incorporated, a manufacturer and distributor of flat rolled and steel products, for $775 million (£396 million)
  • Private equity firm Carlyle Group has bought two residential towers in the Chinese city of Macau. The deal, announced by Jones Lang LaSalle, is worth around $250 million (£128 million)

Deals in the pipeline

  • Soft drinks manufacturer Barr, which owns the IRN-BRU brand, has agreed to acquire Rubicon for £59.8 million, subject to shareholder approval
  • Servis, a UK-based IT services group, has agreed a £5.3 million cash offer from Strand Partners on behalf of Sirvis IT Holdings which will see the company move back to private ownership
  • British engineer GKN expects to agree a deal with EADS, owner of Airbus, to acquire an Airbus wings factory at Filton, near Bristol in the next few weeks. The deal would add £400 million to GKN’s annual revenues
  • Shares in UK building materials group Wolseley increased over 11 per cent on Tuesday as traders cited market talk of possible sale of its U.S. operations

Marc Barber

Raven Connelly

Marc was editor of GrowthBusiness from 2006 to 2010. He specialised in writing about entrepreneurs, private equity and venture capital, mid-market M&A, small caps and high-growth businesses.

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