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Creditors of Manchester furniture manufacturer Adam Furniture Group are owed almost £1m following the company's collapse, a new report has revealed. The company entered administration in October after being issued with a winding-up petition from HM Revenue & Customs. READ MORE...
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| Deals |
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Ellesmere Port-based Innospec has clinched a $100m (£64m) refinancing deal with Yorkshire Bank. Innospec said it hopes to use the cash to support "strategic growth". Read More...
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Ashok Leyland has acquired a majority stake in Blackburn bus manufacturer Optare after raising funds through a refinancing. The Indian-headquartered business now holds 75.1 per cent of the company. Read More...
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The Office of Fair Trading (OFT) has opened a consultation on a merger plan between two dental chains. Read More...
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| Business |
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Stoneacre Motor Group, which has six dealerships across the North West, is confident market conditions will generate further expansion opportunities after a jump in profits. Accounts for the car dealership reveal it has now upped sales past the £220m mark. Read More...
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The £560m Northern Hub scheme, backed by Insider, is top of a Christmas wish-list of projects wanted by Greater Manchester transport leaders. Read More...
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Specialist lender Impact Holdings has posted steady profit and reduced its borrowings from financial institutions. Read More...
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Petrol forecourt operator Euro Garages has hired a new finance director. Read More...
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Firmly established as the foremost regional business magazines in the UK, featuring incisive editorials, regional business news and engaging interviews with influential figures in the UK regions; Insider magazine offers valuable business information and unique benefits. Why not apply now for a free four-month trial? Read More...
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| Property |
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BAE Systems has sold its Woodford Site in Cheshire to Avro Heritage, half-owned by JCB empire heir Joe Bamford. The deal is thought to be for £100m. Read More...
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Sonae Industria has restarted chipboard production at its Knowsley factory following a £25m rebuild scheme. Read More...
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