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Enterprise

North East deals of the week: key contracts, acquisitions and investments

Deals in the last week have involved the likes of Etika Clothing, Ryder Architecture, Filtronic and Sweet Dreams

Ryder Architecture's Mark Thompson(Image: Chris Lishman 2016 All Rights Reserved)

Ryder Architecture, based at Cooper Studios in Newcastle, snapped up London architectural practice Doone Silver Kerr, a company which is involved in major projects around the º£½ÇÊÓÆµ as well as overseas.

The company, which was established 12 years ago, has developed a respected track record in the commercial, residential and hospitality sectors worldwide and is currently involved in schemes including 103 Colmore Row in Birmingham, Stow-Away Hotel and 63 Compton Street in London, and Roppongi Hills in Tokyo.

Mark Thompson, managing partner at Ryder, said that Doone Silver Kerr’s expertise will bolster Ryder’s existing capability and that the combined team will be moving into a new base in London.

Read more: go here for more North East business news

He said: “We are delighted to welcome Doone Silver Kerr to Ryder at a time of growth and success for the practice. This is an exciting and important step in our ambitious long term plans to further strengthen the business.

“Our new colleagues will be a welcome addition to our capability in London as we open the doors to a new, larger base in Fitzrovia.”

Cramlington sweet manufacturer Sweet Dreams is set to boost its operations, create jobs and break into new markets after tapping into funding.

The confectionery company, which makes the popular Choc Nibbles brand as well as supplying sweets to leading retailers throughout the º£½ÇÊÓÆµ, has secured £92,000 from the North of Tyne Growth Fund. The company, led by husband and wife team Matt and Cath Stephenson, is using the grant to hire more staff, buy new machinery and increase its product range to include chocolate bars as well as plans for vegan and plant-based products.