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Administrators have laid off more than 550 staff at Homeform after the Manchester-headquartered company, which owns Moben kitchens and Dolphin Bathrooms, went into administration. Some parts of the business have been bought back by Homeform's former owner Sun Capital Partners in a pre-pack deal, but customers stand to lose deposits worth a total of £1.5m. READ MORE...
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| Deals |
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Manchester motor dealer Lookers this morning revealed the failed offer to take the business private was for 70p per share. The offer valued the business at about £270m. Read More...
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Bolton-based industrial coatings specialist Leighs Paints has been sold to Sherwin-Williams Company, a US multinational listed on the New York Stock Exchange. Read More...
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Merseyside Coatings, a specialist coatings company based in Widnes, has been bought from administration in a deal that has saved 44 jobs. Read More...
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Blackburn asset recovery and insolvency group Winterhill Largo has bought chartered surveyor and real estate consultancy David Currie & Co for an undisclosed sum. Read More...
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| Business |
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Manchester IT security and assurance business NCC Group this morning reported a 49 per cent rise in annual revenues during a year in which chief executive Rob Cotton said the company "flourished". Read More...
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A 13 per cent fall in insolvencies throughout the UK has halved pre-tax profits and led to reduced revenue at Begbies Traynor. Read More...
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Our Insider Membership Club offers fantastic benefits for anyone doing business in the UK regions. Valuable sales leads, vital information, networking opportunities, competitor analysis and much more. Request your free Membership pack now. Read More...
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| Property |
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Land and property assets previously owed by the Northwest Regional Development Agency (NWDA) will be transferred to the Homes and Communities Agency (HCA), the government has confirmed. Read More...
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Chester-based property company CityHeart Developments has been granted planning consent for a new 778-bed student accommodation scheme in Edinburgh, which has been pre-let to Edinburgh Napier University. Read More...
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Restaurant operator Southern Eleven is to open its new Manchester outlet at Spinningfields tomorrow. Read More...
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