News and information


Current Location:Home> News> Industry Information

Lianhua Technology acquires British Agrochemical Pharmaceutical Intermediates

Time:2023-01-18 11:57:02      Click:129

Sinochem Xinxun Lianhua Technology announced on February 23 that the company plans to acquire 100% of the equity of a company based in the United Kingdom through a wholly-owned subsidiary established in the United Kingdom. The amount paid for this acquisition is estimated to be GBP103 million.


The announcement said that Project Quartz Bidco Limited, a subsidiary established by the company in the UK, acquired 100% of the equity of Project Bond Holdco Limited.


The main assets of Project Bond Holdco Limited are its subsidiary Fine Industries limited. The production base of the subsidiary is located in Hillsanders, Middlesbrough, UK. It is an advanced R&D and production custom processor in Europe. It mainly provides complex intermediates and active ingredients research and development, production and extensive solutions for customers of pesticides, pharmaceuticals and functional chemicals. It has passed the FDA audit.


Previous: Development pattern of domestic and international pharmaceutical CDMO industry
Next:The pollution problem of pharmaceutical intermediate enterprises is prominent, and all departments

Return

News You May Be Interested In