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Hundreds of millions of pounds could be generated from an oil discovery involving Wessex Exploration. That's according to serial entrepreneur David Bramhill, a non-executive director at Wessex Exploration, who told Insider: "We own 1.25 per cent interest in the whole basin. It's too early to say how much this could generate for Wessex Exploration – but this is potentially worth hundreds of millions to the overall group." READ MORE...
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| Deals |
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Bristol-based Ascent Scientific, which is a biochemical manufacturer, has been bought by Abcam for £10m. Read More...
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Exeter-based C&H Distribution, which distributes luxury vinyl tiles, has been bought by carpet manufacturer Victoria for £450,000. Read More...
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Billington Holdings expects its recently-formed joint venture with Poole–based Bourne Construction to start producing results, it said this morning (13 September 2011). Read More...
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| Business |
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Melksham-based Avon Rubber has won an additional $19m (£12m) order from US Department of Defense (DoD) to supply its M50 gas mask. Read More...
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Outsourcing and energy company Mitie, which is headquartered in Bristol, has won a contract with Essex County Council. Read More...
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CFH Total Document Management, the Radstock-based print and document specialist, has reported profits in the year to April 2011 of £538,000, up from £117,000 in 2010. Turnover was up 9 per cent to £28.2m. Read More...
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The reforms set out in the Independent Commission on Banking (ICB) report could increase costs for companies trying to access critically important financial services, according to the CBI. Read More...
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Are you looking to source new clients? Insider’s South West Top 500 Companies 2011 database is our accurate and comprehensive business marketing list, providing you with contacts for the region’s biggest companies. Order now, or request a free sample. Read More...
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| Property |
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Bristol-based Friska, which specialises in healthy food, is opening its second store at the Bristol and Bath Science Park. Read More...
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Property development in the UK continued to fall in August, according to consultancy Savills. Read More...
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