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Deals

Official inquiry launched into Asda's £600m deal to buy the Co-op's petrol stations
North West
Asda is owned by the Lancashire-based billionaire Issa brothers and private equity firm TDR Capital
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Northern Balance snaps up A1 Scales to bolster customers’ choice
Deals
Northern Balance will retain all of A1’s engineering and back-office team members as part of the deal
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Land for 640 homes near Salisbury bought by housebuilder
Deals
Vistry Group said it had been interested in acquiring the site for a decade
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THG's £70m loan to build new headquarters cancelled
North West
The deal was first announced in January 2020
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North East deals of the week: key acquisitions, contracts and investments
Deals
Firms to appear in this week's round-up include SPG, Moguntia Food Group, ScS and ZyroFisher
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Moguntia Food Group eyes expansion following £7m finance package with NatWest
Deals
Directors said the deal gives the firm the flexibility to take advantage of opportunities for strategic acquisitions
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Britishvolt holds eleventh-hour meetings in bid to save business
Automotive
A third consortium is also now said to be in the running for a potential takeover of the Northumberland start-up
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Developer hoping to build 107 homes after land deal
property news
Avant Homes Central said subject to planning the Notts site could have a gross value of £27m
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Charity launched by East Midlands entrepreneur helping improve the lives of 50,000 Ugandan girls and women
Exports
The Randal Charitable Foundation was launched by entrepreneur Dr Nik Kotecha OBE DL and Mrs Moni Kotecha
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Historic Bristol law firm Meade King acquired by Knights
Deals
The deal is Knights' 21st acquisition and will add 29 fee earners to the firm which has offices around the º£½ÇÊÓƵ
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Tekmar extends exclusivity period with potential global investor
Deals
The North East offshore specialist has also totted up a series of deal wins in the º£½ÇÊÓƵ and overseas in recent months
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Recruitment assessments firm Arctic Shores secures nearly £6m
North West
Arctic Shores has worked with the likes of Vitality, PwC, Thales, TalkTalk and Arcadis
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Somerset bathroom firm wins UWE Bristol accommodation contract
Deals
Offsite Solutions has secured a £1.7m deal to supply ready-assembled units for a huge student scheme
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Huge coldstore logistics deal completes
Deals
HSH has bought fellow Grimsby business ACS&T
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LSL Property Services streamlines group with sale of new build firms to joint venture
Deals
Group First Limited and RSC New Homes Limited are being sold to the newly established Pivotal Growth Limited
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US group follows Ryan Reynolds and Rob McElhenney by investing in a National League club
North West
Broadcaster Mark Chapman became a director at the club last year
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Newcastle tech firm SPG snaps up Sunderland firm Axon Systems
Deals
Directors say the deal marks a major development for North East tech and the energy performance of buildings
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Pivotal moment for future of Britishvolt project approaches
Deals
The firm's board is due to consider a rescue deal on Friday, reported to involve private equity investor DeaLab Group and Barracuda Group
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Gateshead games design studio Infinity27 grows with five-figure investment
Deals
The Proto based business has sealed the investment with help from Newcastle's NEL Fund Managers
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Jobs saved after opticians sold out of administration in pre-pack deal
Deals
Bateman Opticians had been placed into administration and facing closure
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The latest equity deals in Welsh business
Banking & Finance
Firms doing deals include Market Dynamics, Afon Technology, Yellow Sub Sea and Flotek
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Bike parts distributor ZyroFisher secures £25m funding to fuel growth in Europe
Deals
The distribution partner to cycling and outdoors brands has received an asset-based lending facility from Manchester's Praetura Commercial Finance
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Office supplies company Complete Business Solutions sold out of administration saving 600 jobs
Insolvency and Administration
The business and assets have been acquired by EVO Business Supplies Limited
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Sunderland's ScS acquires modular sofa firm Snug in pre-pack deal to save 53 jobs
Retail & Consumer
The home furnishings retailer acquired the sofa-in-a-box business in a £875,000 deal which secures all jobs
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