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 Chinese Lianhe Technology acquired UK firm in a $128 million deal

chinese-uk-Lianhetech.jpgChinese firm Lianhe Technology has acquired UK company Fine Industries Group in a deal that values it at nearly $128 million.

With around 220 employees and annual revenues of around $60 million, the Fine Industries Group delivers products and solutions to the life sciences and chemical industry. China's Lianhetech has established 7 chemical production sites, 2 machinery production sites and 2 R&D centers in China since 1985 and has Maggie Wang as president.

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