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Enterprise

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

Companies including Grow Sow Simple, Hirestreet, Apex Core and SalesLynk

Dan Robson of Grow So Simple pitches on Dragons' Den(Image: BBC)

North Tyneside based Grow Sow Simple struck a deal - in front of millions of viewers of TV's Dragons' Den.

Viewers who tuned into the hit BBC One show last week saw Dan Robson pitch ideas for his company, which he launched in 2014 to ‘get people growing’ . The firm's boxes of seeds that can be planted direct into the soil or plant pots, with the pod protecting the seeds as they begin to germinate, before breaking down naturally in the soil, leaving no waste.

In the Dragons’ Den, retail specialist Sara Davies, who runs multimillion-pound craft brand Crafter’s Companion alongside her husband Simon in Newton Aycliffe, saw potential in Mr Robson’s company and jumped at the chance to invest £80,000 in exchange for a 20% share of the business.

Read more: Work starts on Essity's £30m Northumberland wastepaper recycling plant

Mr Robson said: “I’ve always been a huge fan of Dragons’ Den, and after many years of shouting at the TV, my wife convinced me to apply to appear on the programme. Entering the Den is very different to watching it at home; it was by far one of the challenging experiences of my life, but I couldn’t be happier with the outcome. Investment from Sara is the absolute dream having witnessed what she has achieved for North East business.

“The idea for my company was born out of my passions for sustainability and making gardening accessible. I am delighted that Sara, whose phenomenal brand was also created off the back of her own obsession for crafting, saw potential in our company at this critical phase in our journey.”

Paul Hopps, Apex sales director(Image: Apex Core)

Durham manufacturer Apex Core secured a major capital city contract as more developers embrace its products. Apex Core designs, develops and manufactures prefabricated utility cupboards – hubs which can house heating, ventilation, electrical, communication and metering services – and it has delivered more than 6,400 units to sites since its launch. The firm was created three years ago when Apex Wiring Solutions owners Dave and Mike Lewis invested over £500,000 to create the º£½ÇÊÓÆµ’s largest utility cupboard manufacturing facility at the firm’s HQ in Durham City.

Now the firm has delivered 75 units for R8 King’s Cross, a regeneration project in the heart of London which has offices and homes in two, 13-storey blocks that are linked by a two-storey podium with a landscaped roof garden. The company said that more construction companies are now embracing the benefits that modular units, constructed off-site and delivered ready to install, offer. Apex Core sales director Paul Hopps said: “Modular solutions offer so much to an industry still catching up after the impact of the pandemic.