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Pre-tax profits have plunged by two-thirds at Telford manufacturing giant Ricoh UK Products, Insider can reveal. The company reported profits before tax of £4.5m, despite a bolstered turnover of more than £336m. Having closed its OPC drum manufacturing division, the company said the cessation of one of its toner divisions "remains a threat". READ MORE...
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| Deals |
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A Birmingham-based director at Barclays Private Equity has led on the sale of FirstAssist Insurance Services for £71m. Read More...
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Coleshill-based IT company ACUTEC has bought Stratford-upon-Avon's Chase Meadow Communications. Read More...
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| Property |
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A vacant building comprising 22 flats was one of 139 lots sold at Birmingham auctioneer CPBigwood's latest auction. The sale at Aston Villa Football club racked up £12m. Read More...
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Birmingham regeneration specialist St Modwen has made "good progress" in the year to date, it said this morning. Read More...
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A homemade Indian food delivery service is one of seven new tenants to have moved into the Great Western Business Park in Worcester. Read More...
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| Business |
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Outsourcing provider Arvato is set to expand its Birmingham base after it secured a contract worth more than £10m with technology company Bosch Group. Read More...
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Accountancy firm PwC has appointed a new head of tax in the Midlands. Read More...
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Retailers are being told to expect a "challenging" October as research from the CBI shows the volume of high-street sales has fallen year-on-year. Read More...
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Looking to develop your business? Want to expand your commercial reach? Try a sample of our Midlands Top 500 Companies marketing data list. Insider membership provides its members with up to date local business data, editorial, advice, networking events. Request a free data sample and membership information today. Read More...
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