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Deals

British high street is not dead, says Government as politicians weigh in on Wilko collapse
Retail & High Street
Warning that Government response does not 'match the scale' of the problems facing town and city centres
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Manchester Airports Group raises £360m after securing backing from investment giants
North West
The group is currently delivering a major £1.3bn transformation programme at Manchester Airport
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New owners for brewery which once held record for world’s strongest beer – a 23% ‘super brew’
Food and Drink
Parish Brewery still makes a super-strength 12 per cent beer called Baz’s Bonce Blower
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Babcock and military jet developer Aeralis agree partnership
Deals
Aeralis has a base in Bristol, while defence giant Babcock employs thousands of people in Plymouth
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The Range finalises deal to buy Wilko brand and website
Insolvency and Administration
More than 10,000 further Wilko workers are set to lose their jobs by next month
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The Range confirms deal to buy Wilko brand and website
Deals
The Plymouth-headquartered discount retailer will purchase both Wilko's website and intellectual property
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Start up loan programme from the British Business Bank exceeds £1bn of lending
Deals
Since launching the fund in 2012 Welsh start-up firms have received £46m of funding
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Stake in Revolution Beauty increased by former THG, Boohoo and ASOS investor
North West
Last month, it was revealed that Revolution Beauty had narrowed its losses and appointed a new boss.
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Versarien continues turnaround as Spanish subsidiary secures funding
Engineering
The Gloucestershire graphene manufacturer makes products using the nanomaterial for the automotive, clothing, biomedical and aerospace sectors
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Welsh Government sells off film and TV studio site in near £10m deal
Welsh Government
New owner in Great Point Studios has secured a £18m support package to expand Seren Stiwdios in Cardiff
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Isles of Scilly Steamship Group names preferred shipbuilder for new vessels
Transport
The new faster passenger ferry will be designed to provide passengers with greater comfort
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Ministry of Defence raises BAE Systems munitions order to £410m
Deals
The deal comes on top of a £280m contract and brings additional work to BAE Systems' sites in the North East and Wales
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The latest equity and acquisition news in Welsh business
Deals
Deals include first investment from the Cardiff Capital Region's new scale-up fund, new equity round for Jottnar and acquisitions involving Jones Giles & Clay and HAC Group
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Government-funded loan scheme that backed Castore hits £1bn lending
North West
The British Business Bank said the programme targets underrepresented groups who are excluded from mainstream finance to help them start businesses.
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Poundland owner to buy up to 71 Wilko stores – and offer jobs to workers facing redundancy
Insolvency and Administration
PwC said around 3,200 Wilko staff currently work across Wilko sites that are being acquired by Poundland owner and B&M
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FRP acquires indie Sheffield insolvency specialist Wilson Field Group
Deals
It is the seventh acquisition since FRP launched on the London Stock Exchange in 2020
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Cornwall geothermal projects secure Government contracts
Energy
Meanwhile South West solar project have also been given a boost
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DT LPG Technology set for growth after five-figure investment from NEL Fund Managers
Deals
The County Durham company is expecting to add at least five new recruits to its existing team of 15 engineers
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777 Partners: Everything you need to know about Everton FC's new owner after Farhad Moshiri agrees to sell
North West
Everton had been in talks with 777 Partners earlier this year before breaking off to enter into an exclusivity agreement with MSP
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Dorset-based precision manufacturing firm completes disposal of HireTech
Deals
Venture Precision Engineering Group sold the Watford-based manufacturer to American Sanders
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End for Wilko as administrators confirm closure of all stores and loss of thousands of jobs
Retail & High Street
Wilko brand – and more than 400 stores – will now most probably disappear from the º£½ÇÊÓƵ high street
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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 Wetherspoon, Impress Group, Lloyd Motor Group and Nissan
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Savoy Timber Holdings seals £10m acquisition of North West firm
Deals
The deal follows the retirement of George Cornwell, managing director of Savoy Holdings
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Hays Travel acquires franchise partner Just Go Travel in undisclosed deal
Deals
The North East company has swooped for 45 of its 46 shops across the North West and North Wales
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