Virtuos acquires sound specialist

Shanghai-based outsourcing firm Virtuos has acquired Chinese audio specialist Best Sound Production for an undisclosed sum. For more deals click here.

Other Done Deals

  • London-based Bunzl Plc, the international distribution group, has acquired rivals WK Thomas & Co and Industrial Supplies from King UK, which is in administration. The terms of the deal remain undisclosed.
  • Korean film production company Barunson has acquired a majority stake in Korean rival Sio Films for £338,494.
  • Quintain Estates & Development Plc has sold St David’s House, a six-storey commercial and retail centre in Cardiff, for £9.3 million, generating a profit of £4 million.
  • London-based private equity firm 3i has made a €65 million (£61 million) investment in European medical diagnostics company Labco.
  • French broadcasting company Audemat Group has acquired the broadcast equipment activities of Northern Ireland-based APT. The terms of the deal were not disclosed.

Deals in the Pipeline

  • Californian technology firm Cisco has agreed to acquire US-based Pure Digital Technologies for up to $605 million (£414 million). 
  • Canadian gold miner Avion Resources Corp has agreed to acquire rival Dynamite Resources Ltd in an all-share deal for some C$17.9 million (£8.5 million).

Nick Britton

Lexus Ernser

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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