Creditors hit by Nite Nite administration

Hotel operator Nite Nite Holdings fell into administration with a deficiency totalling £6.3m, a new report has revealed. The company and its subsidiary, the 104-bedroom 'pod' hotel Nite Nite Birmingham, owe more than £3.2m to secured creditor Yorkshire Bank.   READ MORE...

IMI pounces on £15m German company

Engineering company IMI has acquired Germany's TH Jansen Armaturen GmbH (THJ) for €17.5m (£15.2m).   Read More...

Elite Telecom picks up TRS

Shropshire-headquartered Tariff Reduction Services (TRS) has been bought by Elite Telecom for a six-figure sum.   Read More...

ISIS backs £27m MBO at Onyx Group

ISIS Equity Partners has backed a management buyout at IT business Onyx Group in a £27m deal.   Read More...

Aston Ventures on Midlands investment hunt

Independent fund manager Aston Ventures has said it is targeting companies in the Midlands as it seeks out its first acquisition for its newly-established private equity fund.   Read More...

Refusal urged for Grade II building demolition

The demolition of Birmingham's Christopher Wray building is being recommended for refusal by officers after a host of objections were submitted.   Read More...

Martineau launches Brussels operation

Birmingham law firm Martineau has opened up in Brussels as part of a collaboration with German firm Becker Büttner Held (BBH).   Read More...

Put Birmingham into Edgbaston - Ward

The new president of Birmingham Chamber of Commerce (BCC) is launching a campaign to add the city's name to its famous cricket ground, Edgbaston.   Read More...

Instem awarded $1m deal

Stafford-based Instem Life Science Systems has won a four-year contract worth more than $1m (£634,700).   Read More...

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