Oriola-KD Corporation has reached an agreement to acquire Swedish-based ICTHS Health Support.
Based in Finland, the acquirer is a pharmaceutical retailer and wholesaler, whereas the target company is provides healthcare services.
Oriola will be able to offer services to pharmacies, pharmaceutical companies and healthcare operators in both Finland and Sweden through the acquisition.
Chinese luxury brand Shanghai Tang has been acquired by Hong Kong-based private equity fund Cassia Investments in partnership with Alessandro Bastagli.
The acquisition was made from Compagnie Financiere Richemont, a luxury goods company based in Switzerland.
Cloud-based field force automation solutions provider StayinFront has acquired 20:20 Retail Data Insight.
Based in the UK, the target company provides analytics to help improve sales for retailers.
Private equity fund Monomoy Capital Partners’ affiliate has reached an agreement to acquire West Marine, an omnichannel retailer of boating gear, apparel and other waterlife-related products.
With more than 260 stores located in the US and Puerto Rico, West Marine will go private following the completion of the acquisition. The purchase consideration for the acquisition will be $338m.
Hong Kong-based investment holding company New World Development Company Limited has reached an agreement to increase its stake in New World Department Store China.
The target company, which operates department stores, will receive a cash consideration of HK$2 ($0.25) a share for the acquisition.
