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Deals
14:33, 7 AUG 2023
Intelligent Energy working on £54m plan to put hydrogen powered planes in the air
University of Birmingham
Hydrogen system creates electricity to power aircraft motors - the only by-product is water
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Norton Motorcycles reveals new Ƶ base
Automotive
Historic bike builder pulls out of Leicestershire after being bought out of administration by India’s TVS Motor Company
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London and South East of England take lion's share of Future Fund backing
Deals
The Future Fund has backed 1055 firms in the Ƶ with just over £1bn
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Pennine Hotel and Brannigans pub to make way for £200m Becketwell regeneration project in Derby city centre
Construction
Derby City Council has awarded the demolition contract to AR Demolition, based near Market Bosworth, in Leicestershire
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DFDS swoops for HSF Logistics Group in major northern European cold chain tie-up
Deals
Undisclosed deal revealed between Danish giant and Dutch temperature-controlled specialist
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Northumberland engineers create new jobs and new division after six-figure investment
Engineering
The Wooler company received a grant from the North of Tyne Rural Business Growth Service towards its overall investment
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Asos confirms 'exclusive discussions' to buy Arcadia
Retail & High Street
The company has said it is looking to pick up four of Arcadia's fashion brands
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Merit poised for huge expansion after doubling factory footprint
Construction
New jobs are being created by the sustainable construction company - a former North East company of the year winner
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Viridor handed back operations of £252m Avonmouth energy recovery facility site
Environment
The plant will divert hundreds of thousands of tonnes of waste away from landfill
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Stamford Stone wins £1.2m Oxford university contract
Construction
Business, which operates out of Rutland, will supply more than 8,000 bespoke pieces of stone
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Osprey Group wins multi-million pound contract with Hinkley Point C
South West
The Portishead-based company will deliver oversized equipment to nuclear power plant
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The Business Growth Fund with appetite to back more growth firms in Wales
Deals
It is looking to build on £10m invested into Welsh firms in 2020
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ICC Wales gets seven-figure funding lifeline
Deals
The funding includes new debt from NatWest and a £1m investment from the Welsh Government
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Key Tyneside shipyard sold in vote of confidence for bouyant industrial sector
Deals
Hadrian Yard has been sold less than a year after going on the market with a £15m asking price
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The West Wales petrol station firm driving impressive Ƶ-wide growth
Deals
Pembrokeshire-based Ascona plan to add a further 70 forecourts this year
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Next Plc bidding to save Philip Green’s Arcadia empire
Retail & High Street
Comes after Next struck licensing deals with Victoria’s Secret and Laura Ashley after they both went into administration
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Welsh firms secured £2bn of lending under Ƶ Government Covid loan schemes
Deals
The Bounce Back Loan Scheme has provided £1.5bn in loans to smaller firms in Wales
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'Major regeneration' plans for Bristol shopping quarter buildings bought up by Ƶ property fund
property news
AEW says the large site offers the potential for "significant redevelopment"
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Tronox cans £246m supply chain buy-out after Ƶ authorities reject move to quell competition fears
Deals
£13.2m clause kicks in as Norwegian chloride slag producer stays with Eramet
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Begbies Traynor adds offshore offices in acquisition of insolvency group CVR
Deals
The £20.8m deal will see 90 people from CVR's offices in the south of England and overseas join Begbies Traynor
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Mars Ƶ strikes £350m DHL warehousing & logistics deal
Food and Drink
Two big warehouses in the East Midlands and London will be used by Mars Wrigley, Mars Food and Mars Pet Nutrition
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Rolls-Royce runs first engine on world's biggest testbed
Aerospace
81,000 sq ft building – which cost £90m and took three years to build – will be officially opened in coming months
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Healthcare specialist PAM Group completes double acquisition as part of ongoing “buy-and-build” strategy
Deals
The acquired companies are based in Lincolnshire and will add a total of £2.5 million to PAM Group’s annual revenues
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Ineos completes $4b BP global chems business buyout that reunites Saltend sites
Deals
The new year has seen the huge deal across three continents go through
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