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 Birmingham Science Park Aston (BSPA) is set to accelerate its timescales for developing its £35m Digital Plaza, Insider can reveal. The park is now seeking a joint venture partner after the government approved the designation of the site within the Birmingham and Solihull LEP’s enterprise zone. READ MORE...
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| Deals |
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Warwickshire-headquartered Umeco has secured new banking facilities worth £15m with HSBC and Santander Corporate Banking. The engineering company said the five-year revolving credit loan will allow it to expand its composites business. Read More...
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Allied Healthcare International has been snapped up by Saga in a deal worth $175m (£106m). Healthcare provider Allied, which has its UK headquarters in Staffordshire, said shareholders unanimously came to the decision to sell. Read More...
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Food Analytical Laboratory (FAL), based in Stoke-on-Trent, has been bought by safety services provider Intertek Group. FAL was purchased for £6m as part of a trio of acquisitions by Intertek, it was announced this morning (1 August). Read More...
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Bids totalling £3.3bn have been received by the government for the second round of the Regional Growth Fund (RGF), although only £950m of cash is available. Read More...
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Turnaround investment company Volvere has invested in Leamington Spa-based Shire Foods. Following the £500,000 deal, Volvere is expected to own 54 per cent of Shire. Read More...
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There are just a handful of tables left for this year's Dealmakers Awards Dinner. Read More...
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| Property |
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China's biggest lighting manufacturer has started work on its new £5m Birmingham factory. NVC Lighting Technology said the redevelopment will double the size of the property and create 170 new jobs. Read More...
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Construction work has begun on a £19m academy in Stoke-on-Trent. The site is one of the remaining projects to receive funding under the government's Building Schools for the Future (BSF) programme which was axed last year. Read More...
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| Business |
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Coleshill-based Kennet Equipment Leasing has announced plans to increase its workforce after almost doubling its turnover. Read More...
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Talking Point: What's in a name?
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Ask the Expert: Selling to private equity
Simon Chapman, partner at Burgis & Bullock Corporate Finance, explains how to make your business attractive to private equity investors.
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