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Deals

The AA invests in new Tyneside regional head office for 700-strong workforce
property news
The breakdown company is on the move to Quorum Park after spending nearly 30 years at Newcastle Business Park
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Eurocamp owner European Camping Group completes €1bn acquisition of Vacanceselect Group
North West
The group's brands now include Eurocamp, Homair and Roan, Canvas Holidays and Vacanceselect
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Italian restaurant group takes full ownership of Dorset eatery
Restaurants
Family-run Tamburino has two other restaurants in Yeovil and Street in Somerset
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Devon defence jobs secured after British Army vehicle contract win
Deals
Combat vehicle manufacturer Supacat and engineering giant Babcock have struck a deal to make potentially hundreds of light armoured transporters at the firms' sites in Dunkeswell and Plymouth
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£16m loss for Iceland Seafood in 2022 - but positive cash flow eyed in coming months
Company Results
Seafood firm was put on the market late last year but has since won significant new work
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Drug developer Redx plans $425m merger with US counterpart Jounce Therapeutics
North West
The news comes after Jounce announced plans to reduce its workforce by approximately 57%
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Sewell sets out on employee ownership path as deal done for 25 per cent stake
Deals
Trust formed to manage initial shareholding in property, construction and consultancy arm of familiar Hull firm
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Tolent: Brims Construction to save around 150 jobs at collapsed firm's Teesside operations
Construction
Tolent's founder and Brims Construction have worked together to save around half the jobs lost following the firm's collapse
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The Fowey Valley Hotel in Cornwall acquired by independent group
Deals
The 38-bedroom accommodation in Lostwithiel trades under the Best Western franchise
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Bergen Logistics launches £4.6m North East base creating 60 jobs
property news
Elanders is expanding its fashion and lifestyle fulfilment brand in the º£½ÇÊÓƵ with a 48,000sqft facility
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Cardiff-based GS Verde Group expands EU footprint with Irish acquisition
Deals
The Cardiff-headquartered firm has bought Integral Finance & Technology for an undisclosed sum
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Prominent The Queens Hotel in Leeds sold in £53m deal to Swedish operator
Leisure & Touism
The landmark city centre hotel will be operated as an independent brand
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Two Cornish tech agencies agree commercial deal
Deals
Pool-based software developer Thought Quarter has acquired web development and hosting clients from Bodmin-based Tanist
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Treelocate sets down roots in new factory with £150,000 grant funding
property news
The Belford business sends its artificial trees and plants to exotic locations around the globe
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Valleys security fencing start-up firm smashes job creation and revenue targets
Deals
Integrated Fencing launched in 2020 with backing from º£½ÇÊÓƵSE
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Co-operative Bank tables bid for £650m Sainsbury’s Bank mortgage book
North West
The Co-operative Bank's annual results are due out next week
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All jobs saved at cleaning products supplier Hygienique after being bought out of administration
North West
The identity of the buyer has been kept a secret
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New base to unite Wozair's Hull industrial acquisitions as it steps up scale of operations
Industrial
Heating, ventilation and air conditioning specialists to be brought together after two city deals in four years for Kent team
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Airport tech firm AeroCloud to double headcount after raising $12.6m
North West
AeroCloud was co-founded by former professional racing driver George Richardson, Ian Forde-Smith and Paul Secker
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Progress in merger talks between Newcastle and Manchester building societies
Finance
The deal could save Manchester Building Society which is facing uncertainty about its future
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£36m investment into green hydrogen pioneer GeoPura paves way for growth
Climate Agenda
GeoPura – which has bases in Newcastle and Nottingham – secured the funds from industry leaders
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Lush in row with former CEO’s firm over sale of near 20% stake
Retail
Silverwood Brands, of which former Lush chief executive Andrew Gerrie is an executive director, said it had bought 19.8% of the Dorset-based company in December from Mr Gerrie and his wife Alison Hawksley for £216.8m payable in Silverwood shares
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Jones Bros secures £167m contract in joint venture to build major reservoir in south east England
Engineering
The North Wales civil engineer will construct the Havant Thicket Reservoir in Hampshire with engineering contractor Mackley
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North East deals of the week: key contracts, acquisitions and investments
Deals
Companies to feature in this week's round-up include TechnipFMC, Blueocto, Polar Krush and Steelcraft
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