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Top story
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Probiotics plot global growth
Pharmaceutical company Probiotics International is planning to grow the business across the world by 20 per cent this year. Its commercial director Jonathan Sowler told Insider the Queen's Award-winning business based in South Petherton is developing treatments which includes one to tackle a hospital super bug.
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Deals
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GP increases South West foothold
Training and consulting company General Physics UK (GP) has bought Bodmin-based training provider Ultra Training for an undisclosed sum. This is GP's third South West acquisition since 2010.
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Bank funds AJW Recruitment launch
South West businesswoman Amanda Wheeler has opened her first company, AJW Recruitment, in Marlborough. Wheeler launched the business after securing a £30,000 funding package.
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Sharp slowdown in M&A activity – survey
There was a sharp decrease in merger and acquisitions activity at listed companies in the UK during the first quarter of the year, according to research by law firm Wedlake Bell.
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Business
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Revenues rise at Renishaw
Gloucestershire-based manufacturer Renishaw has revealed that revenues rose by 60 per cent in the third quarter of this financial year.
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Profits fall at Robert Wiseman Dairies
Despite closing its operations in Okehampton and Cupar, annual profits have fallen at Robert Wiseman Dairies by 30 per cent but turnover has increased.
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Wakefield joins panel for Insider debate
John Wakefield, head of corporate finance in the Bristol office of stockbroker WH Ireland, has been confirmed on the panel of Insider’s Finding the Finance debate, to be held on Tuesday 24 May at One Castlepark in central Bristol. There are still places left to attend this free event.
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Property
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£5.6m Haven Banks scheme revealed
Plans for a £5.6m outdoor education centre at Haven Banks in Exeter have been unveiled. The development will be built and paid for by Devon County Council.
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Serviced Office Group offers space in Stroud
The Serviced Office Group (SOG) has added to its property portfolio by acquiring Clarendon Court on London Road in Stroud. And the serviced property is now available to let.
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House asking prices hit three-year high - report
The average house asking price has risen to its highest level in almost three years, according to a report.
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