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Consumer Product Transaction

About the Encorium Group, Inc. + Pierrel Transaction

has completed the sale of its US Operations to

Mufson Howe Hunter & Company is pleased to announce that the US operations of Encorium Group, Inc. have been acquired by Pierrel, S.p.A.

Encorium Group, Inc. is a Swedish clinical research organization.  Pierrel, S.p.A., an italian clinical research organization.

Mufson Howe Hunter acted as exclusive sell-side advisor and investment banker to Encorium Group, Inc. This engagement underscores MHH's commitment to partnering with leading healthcare business services companies.