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Top story
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LDC invests in A-Gas
Bristol-headquartered A-Gas, a provider of specialist industrial gases and chemicals, has secured investment from the Bristol office of LDC. The private equity firm took a stake on the exit of fellow private equity house Growth Capital Partners from its 40 per cent holding in the business. This latest management buyout values A-Gas at £70m.

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Deals
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Travelzest bares all over rumours
Cheltenham-based Travelzest, which owns the UK's biggest naturist holiday operator, has confirmed it is "in the very early stages of discussions" over a potential takeover. The announcement comes after a rumoured bid approach valuing the company at £40m.

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West of England bids for £5m sustainable travel fund
The four West of England authorities have submitted a bid to the Local Sustainable Transport Fund for £5m. The group plans to use the money to improve transport choices.

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Business
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Meggitt reports growth
Dorset-based engineering group Meggitt has increased revenues and profit in the first months of 2011, it said today.

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Redhall in £1.2m settlement
Bristol-based Redhall Engineering Solutions, a subsidiary of Redhall Group, has agreed a £1.2m settlement with "former employees" on its contract with Vivergo Fuels Limited, it said today.

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Thermal Energy wins hospital contract
Bristol-based Thermal Energy International has won a £246,000 contract to install energy saving equipment at Salisbury District Hospital.

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South West companies pay on time
Businesses in the South West are most likely to pay their bills on time, according to a report by credit checking company Experian. In the first quarter of 2011, the South West was the only region where businesses made late payments in fewer than 20 days, it found.

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Future UK investment is at risk – CBI
International investment in the UK is being threatened by regulations and planning constraints, the Confederation of British Industry (CBI) has warned.

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Property
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City Link lets purpose-built Bournemouth depot
City Link has signed a 15-year lease with commercial property business MAG Developments for a new £2.5m depot on the Aviation Business Park at Bournemouth Airport.

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Housing interest surges - NAEA
Interest in the housing market has risen during March as buyers hunt for a bargain before Easter. This is according to research from the National Association of Estate Agents (NAEA).

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