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Deals

Rix Group to revive Atlas Leisure Homes name following purchase out of administration
Deals
Atlas went into administration in March having expanded in recent years
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BEL Valves seals £5m deal for Murlach oil field development in the North Sea
Deals
The Newcastle business is a global leading manufacturer of high-integrity oil and gas valve technology
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North East holiday company Hays Travel snaps up Spear Travels Group
Deals
The deal marks the first acquisition of the new financial year for the Sunderland business
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Accountancy group Dains pushes into London and the South East with Barnes Roffe acquisition
Finance
'Together, we see significant opportunities to grow our presence in the London area'
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Holiday letting business Classic Cottages adds 55 more properties to portfolio with acquisition
Deals
The South West-headquartered company now manages more than 1,400 cottages around the º£½ÇÊÓƵ
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North East deals of the week: key contracts, investments and acquisitions
Deals
Companies featuring in this week's round-up include Kromek, Filtronic, JH Partners, Castle Eden Brewery, The Pharmacist Network, Hadrian Healthcare, Magnitude Biosciences and Arriva
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North East AI startup Literal Labs secures £4.6m investment from Northern Gritstone
Technology
The deal is Northern Gritstone's first investment into a Newcastle University-linked company
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Palatine invests in tech logistics firm fulfilmentcrowd and its global expansion plans
Deals
Deal will see partial exit for BGF at Lancashire group
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Healthcare group Scrivens boosts South West presence with latest acquisition
Deals
The business has snapped up a hearing care facility which was formerly occupied by CHIME
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Hull's Alsim System Building assets acquired out of administration by Thurston Group
Construction
The Wakefield group will expand its cabins business on the back of the deal
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BGF commits £400m to back the growth of firms in the South West
Deals
It is increasing its allocation for investment in South West over the next five years
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Drax confirms bid for battery investor HEIT has lapsed
Energy
Rival bidder Foresight Group is set to takeover the portfolio of schemes across the country
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Newcastle software firm Metatech acquired by private equity backed TXP
Deals
Andy Scott, who leads the Tyneside-based business, says the group is now in a strong position to capitalise on demand
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Filtronic toasts £800,000 deal with lead defence customer Leonardo
Deals
The parts will be manufactured at its new highly automated microelectronics manufacturing operation at NETPark
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Historic Castle Eden Brewery snapped up by new owners ahead of 200th trading year
Deals
Seaham-based Castle Eden Brewery was founded by John Nimmo and had an estate of 125 pubs at one stage
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County Durham design engineers seal seven-figure investment deal to fuel growth
Deals
JH Partners is set to create new jobs and make software investments as it plans for its future
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Kromek lands two sales worth $900k as global instability fuels demand
Deals
The orders follow an upgrading of full year 2025 expectations for the North East business
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Development Bank of Wales reports record investment levels
Enterprise
The bank missed its co-investment target in 2024/25 but is confident it will be achieved over a five year period.
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Humber's Poluma Group acquires Worley Field Services to create £70m turnover group
Deals
Worley Field Services will be rebranded as Allied Protek Field Services
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BGF commits £100m to back Welsh high-growth potential firms
Deals
Launched in 2011 it has to date made £47m worth of equity investments into Welsh firms
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Northumberland pharmacy specialist set for growth following seven-figure investment
Deals
London based Growth Fund 1 has announced the investment into The Pharmacist Network Group
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Tyneside civil engineering firm lays groundwork for growth with £2.4m funding deal
Deals
Following the deal Holystone has created a spin-off business focused on sustainable material recovery
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North East mayor seals agreement with Lloyds Bank to boost region's energy sector
Lloyds
The North East mayoral authority will work with Lloyds and the Office for Investment to drive investment into the region
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British Engines signs landmark sponsorship agreement with new Newcastle community hub
Deals
The Newcastle-based engineering group has signed the deal with The Lighthouse Project in Byker.
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