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Deals
14:21, 23 FEB 2022
Restaurant supplier valued at almost £50m as takeover terms agreed
Deals
The move comes after Franchise Brands snapped up Azura Group in November 2021
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Devon's Teignmouth Maritime Services buys 50% stake in Kent hydraulic engineering firm
Deals
TMS starts recruitment drive after becoming shareholder in Hesselberg Hydro º£½ÇÊÓÆµ Ltd
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Commercial property booming in Leicestershire as investment almost doubles to £629m in a year
property news
Logistic deals included Amazon’s 1m sq ft warehouse at Bardon, bought by Savills IM for £161m
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OneGym launches latest fitness facility with six-figure investment from NEL Fund Managers
Deals
The County Durham company also has plans to open two more sites in the North East this year
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SA Brain & Co sells remaining stake in Coffee#1 to Caffe Nero
Deals
Caffe Nero first took a 70% stake in the business in 2019
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Normanton's Sheridan Fabrications acquired by national kitchen supplier Howdens
Deals
Howdens CEO Andrew Livingston said it would give the firm additional capacity
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South West hotels market booming with £86m of deals in 2021
Hotels
Investors look to region as staycation boom makes hotels a very attractive prospect
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Babcock looks to take over Australian naval joint venture in £32m deal
Armed Forces
Defence and aerospace group which runs Devonport and Rosyth dockyards intends to buy remaining stake in Australian Naval Ship Management
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Britishvolt plans further £200m fundraise for Blyth gigafactory scheme
Automotive
The electric vehicle battery firm's partner Glencore has also pledged another £40m towards the project.
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North East deals of the week: key acquisitions, investments and contracts
Deals
Notable deals this week include The Inn Collection Group, Elmtronics, Kitwave and LSL
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Why black business leaders are heading to New York to find funding
Technology
º£½ÇÊÓÆµ Government says black entrepreneurs face barriers to accessing venture capital back home
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Derbyshire components distributor bought by Italian firm
Deals
Commercial Vehicle Hydraulics has supplied parts from new owner OMFB Spa for three decades
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Newcastle biotech business Atelerix secures more than £425,000 in investment
Technology
The Newcastle University spin-out is set to bring its revolutionary cell preservation tech to market
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Leviathan Engineering acquires GMD Eurotool as part of ‘ambitious’ growth plans
Deals
Bristol-based Leviathan said the deal to acquire the Plymouth firm was the first in a series of planned transactions
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Devon food wholesaler MJ Baker bought in £24.5m deal
Deals
North East-based Kitwave swoops for Newton Abbot firm which maintained profitability during Covid hit 2020
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The Inn Collection Group snapped up by new owners in £300m deal
Deals
The Alnwick pubs-with-rooms firm also completed a further three deals over the weekend, taking its portfolio to 31 sites
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Derby County and Middlesbrough strike deal over compensation claim
Insolvency and Administration
Positive step for crisis-hit Derby as former owner Mel Morris strikes 'private' Middlesbrough agreement
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Good Energy shareholders reject Ecotricity resolutions on chairman and assets sale
Energy
The board of Wiltshire-based Good Energy said an ‘overwhelming majority’ backed its vision
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PwC advised on business deals in Wales with a value £700m in 2021
Pricewaterhousecoopers
A major deal included the acquisition of Caerphilly-based BBI Solutions by Danish firm Novo Holdings
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Property firm to manage homes on historic Speedwell Swimming Pool site in Bristol
property news
Abri Housing Association has developed a mixture of one- and two-bedroomed apartments on the site
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£200m joint property venture Pivotal Growth makes second acquisition
property news
The LSL and Pollen Street Capital joint venture has snapped up a Northampton business in its second deal in three months
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West Yorkshire shopping centre snapped up by property investor LCP
property news
LCP has acquired the 5 Rise Shopping Centre in Bingley for an undisclosed sum
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Wholesale group Kitwave acquires Devon firm in first acquisition since listing
Deals
The North Shields firm has acquired MJ Baker in a £24.5m deal
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Further growth for DJH Mitten Clarke with Walsall acquisition
West Midlands
The deal takes the Stoke-on-Trent headquartered group's headcount to 275
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