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Wednesday 1 June 2011

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Insider News - Midlands Edition
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Top story

SMEs urged to get involved with LEPs

Small and medium-sized companies should get behind LEPs rather than sitting on the sidelines. That was the message from Paul Kalinauckas, chief executive of the Black Country Reinvestment Society, speaking at Insider’s Black Country Economic Forum.   READ MORE...

 
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Grooming a business for sale

Image Description HereInsider's expert panel provide invaluable insight in the right steps to take when preparing to sell a business.
Featuring: Paul Carroll, Zuma; Carl Houghton, Clearwater Corporate Finance; Simon Woolley, EOS Law; and Insider editor Michael Taylor.

 
Deals

GIL Investments drives MBO

GIL Investments, based in Stratford-upon-Avon, has completed the management buy-out (MBO) of the Road Transport division of Reed Business Information.   Read More...

SIG sells safety and workwear business

SIG Safety and Workwear, based in Wednesbury, has been sold to Bunzl. The sale price of the business was undisclosed.   Read More...

HSBC gives Regenersis £15m boost

HSBC's Midlands corporate banking team has structured a £15m banking facility for technology outsourcing company Regenersis.   Read More...

 
Property

Investors targeting non-prime assets, says DTZ

Activity in the West Midlands' secondary property market is on the increase, according to DTZ's 'Money into Property 2011' report.   Read More...

St Modwen in a "strong position" to grow

Net value increases at regeneration specialist St Modwen should be at the top end of management expectations for the last six months, the company said this morning.   Read More...

Metalrax disposes of Hockley site

Birmingham-based engineer Metalrax has sold its vacant property in Hockley for £755,000 in a bid to reduce group borrowings.   Read More...

 
Business

JLR launches India operation

Jaguar Land Rover has opened its first manufacturing plant in India. The facility, based in the Maharashtra region, will assemble Land Rover Freelander 2 vehicles.   Read More...

Sales heat up at Wolseley

Trading profit at heating and plumbing supplier Wolseley has soared 30 per cent to £131m, the company said this morning.   Read More...

Boparan to trim fat off supply chain

Birmingham food entrepreneur Ranjit Boparan is looking to halve the number of suppliers to Northern Foods and 2 Sisters as he bids for a £1bn boost in turnover by 2015.   Read More...

 
Other News

EFG lending falls to £92m

Pre-pack rules could mean insolvencies rise, says R3

Access to finance easing for manufacturers - EEF

 

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Talking Point: The clock is ticking

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Talking Point: The clock is ticking
DLA Piper’s James Lowe on what companies need to do to avoid falling foul of the forthcoming Bribery Act.

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Trade sales
Simon Chapman, partner at Burgis & Bullock Corporate Finance, examines the sale of one business to another.

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