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East Midlands Trains move to the Waterfront
Insider has learnt that East Midlands Trains has chosen Waterfront Plaza in Nottingham as its new office. The company, which operates services between the East Midlands and London, recently announced plans to move out of its Derby office and hopes to employ 50 people at the Nottingham site. It is unclear how much space East Midlands Trains will take at Waterfront Plaza.
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Business
Rolls-Royce ties up Thai deal
Thai Airways International has selected the Rolls-Royce Trent 900 to power its fleet of six Airbus A380s in a deal valued at £250m. The aircraft are expected to be delivered from late 2010. The Trent 900 will become the fourth member of the Trent family to join the Thai Airways International fleet. graphic
Octavian says 'Hola' to Spain
Octavian Security, based in Nottingham, is expanding into Spain. Octavian Seguridad, to be led by former US Army intelligence officer Ocie Eduardo Mathenia Golderos and Valencia University economics graduate Jose Carlos Fuster, will operate initially from Alicante. The operation will also open branches in Valencia, Murcia and Barcelona. It will provide manned security, consultancy, close personal protection, anti-terrorist training and other specialist services. graphic
Deals
Orbis advises on Microlise MBO
The senior management team of Microlise, the Eastwood-based IT provider to the transport and logistics industry, has acquired the company. The deal was led by managing director Nadeem Raza. Birmingham corporate finance adviser Orbis Partners advised the management of Microlise, and the firms Steve Lamb joins as non-executive chairman. graphic
RBS goes for Gold
Gold Care Group, the care home business, has acquired two care homes Westwood Lodge in Dallington and the Nightingale Nursing Home in Northampton. The Royal Bank of Scotland in Derby financed the deals together with debt funding to support expansion at Westwood Specialist care home. graphic
Property
Government gives green light to Nailstone
The government has given the go-ahead to the regeneration of the former Nailstone Colliery site in Leicestershire after landowner South West Industrial Properties won a planning inquiry. The 450-acre site, near Coalville, will be redeveloped into a mixed-use scheme to include up to 1 million sq ft of storage and distribution space; 25,000 sq ft of small business units; and a 300-acre country park. The plans were approved by Hinckley and Bosworth Borough Council in 2006 but, because they were not in line with planning policies, the government called in the decision and held a planning inquiry. DTZ promoted the appeal. graphic
Cedar House makes rooms for hotel
Work has started on Pride Park for a £10m hotel for hotel operator BDL Management. The 112-room Ramada Encore will be at The Point, Cedar House Investments 12-acre mixed used scheme, which is being developed on the site of the former Bombardier bogie and signalling works to the west of Pride Park. graphic
People
New construction partner at Nelsons
Deborah Ritchie has been appointed as a partner at East Midlands law firm Nelsons. Having practiced in the West Midlands throughout her career, Ritchie moves east to join Nelsons construction team from Shakespeare Putsman, where she was a partner for three years. Before that she was at Eversheds Birmingham office for eight years. graphic
LPC chief executive dies suddenly
John Danton, chief executive of Leicester tissue products manufacturer LPC Group, has died suddenly. Executive chairman Amin Tejani said: On behalf of the shareholders and board of directors, it is with the deepest regret and sorrow that I have to inform you that John Danton, our CEO, colleague and friend, passed away suddenly. John played a pivotal role in the transformation of the group from a wholly UK-based manufacturer into a major multinational company with a substantial European operation. An achievement he was rightfully very proud of. graphic
Events
Insider hosts sustainability seminar
On 10 June Insider is hosting a breakfast seminar entitled The Business of Sustainability. Sponsored by Berryman, this panel-led debate will look at sustainability and the development of this concept regionally and across the EU. We will address the implications for all businesses and how companies can cultivate their knowledge to help their business develop. The panel will take a close look at the opportunities and challenges for all, for example the effect of competition nationally and internationally. We expect demand to be high and as such will take acceptances on a strictly first come, first served basis. If you would like to attend, please contact Insider's events team on 0161 907 9704. graphic
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