Brown buys

David Brown of Huddersfield will acquire Union Pump of Michigan for £37.8m, taking on £2.7m of debt. The US firm made a £700,000 pre-tax profit in 1996 on £39m sales.

David Brown of Huddersfield will acquire Union Pump of Michigan for £37.8m, taking on £2.7m of debt. The US firm made a £700,000 pre-tax profit in 1996 on £39m sales.