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Deals

DHL confirm sale of Wilko distribution centre – which it bought for £48m two months ago – for reported £88m
property news
GMB union says DHL sold Notts site to Canadian asset manager Brookfield for £88 million
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Warehouse becomes latest big name to join Hirestreet's fashion rental platform
Fashion
Founder Isabella West says the addition of Warehouse marks a hugely exciting start to 2023
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Topps Tiles holds on to its chairman after defeating shareholder bid to oust him
Retail & High Street
'We believe strongly that MSG’s proposals exposed Topps shareholders to a number of serious conflicts of interest'
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Manchester United takeover: Seven questions answered as Sir Jim Ratcliffe’s INEOS confirms interest
North West
The controversial owners bought the Old Trafford giants in a debt-funded takeover in 2005
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Cyber security firm SalesLynk launches in Newcastle after £200,000 investment
Technology
tech specialists Ian Todd, Alan Easton and Neil Stephenson are behind the new data-driven intelligence platform
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How two friends went from helping Glastonbury sell tickets to securing multi-million pound pay day
North West
The company has worked with the likes of Pets at Home, LDC and Nisa
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167 homes to be built in Wiltshire following £40m deal
Deals
A fund managed by investment firm Gresham House has reached an agreement with housebuilder Countryside concerning the Langley Park development in Chippenham
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Principality launch new fund to support young people across Wales
Wales
It has committed £500,000 to its second Future Generations Fund
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Launch date for new £130m Wales fund from the British Business Bank
Deals
Chief executive of the British Business Bank Louis Taylor said the fund would help plug the equity gap in Wales
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Watch and jewellery repairer In-Time owed over £4m before being rescued by Timpson for £150,000
North West
An online digital marketing agency tried to make a last-minute attempt to buy In-Time
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Brysons Haulage motoring along nicely with £2m funding
property news
It is buying a commercial property to bring together existing units and take on new work
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Software start-up behind DIY search engine optimisation platform wins £675,000 of investment
Deals
The Hike SEO platform is designed to help SMEs improve their Google visibility in a cost-efficient but effective way
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Work getting underway on £15.4m Air and Space Institute in Newark to train pilots, engineers and ground crew
Aerospace
Three-storey building will provide world class training and include a full-sized Airbus A318
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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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