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Bath-based engineering business Rotork has bought K-Tork International Inc, based in Dallas, for $10.6m (£6.5m). And it has also acquired Centork Valve Control, which is based near San Sebastian in north east Spain for €3.6 (£3.2m). Both purchases were paid in cash. READ MORE...
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| Deals |
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Beachcroft and Davies Arnold Cooper have confirmed their plans to merge and Marc Charlton, spokesman for Beachcroft, said the merger could benefit the 450-strong team in Bristol. He told Insider: "We have a lot of real estate representatives working in Bristol. This merger could create opportunities in the area." Read More...
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Gavin Eddy, a former investment banker, has bought Cornwall-based Naturepaint for an undisclosed sum. Read More...
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Private equity firm Blackstone is close to striking a £575m for Mint Hotels, according to reports. Read More...
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Prime Minister David Cameron has unveiled a £25m fund to support up to 10,000 advanced and higher apprenticeships. Read More...
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| Property |
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Plans for a £50m Leisuredome in Weston-super-Mare have been granted planning permission by North Somerset Council. The application will now go to the secretary of state for Communities and Local Government, before final approval is granted. Read More...
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The "fragile" property market hit sales and profits at Taunton-based developer Summerfield Developments in 2010, although the company has hailed the strength of its portfolio. Read More...
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Taylor Wimpey's plan to build 285 new homes on greenbelt land in Keynsham has been approved following an appeal, it has been reported. Read More...
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| Business |
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Travelzest has revealed that first half year pre-tax profits have fallen by 71 per cent, due to "exceptionally difficult trading conditions". Read More...
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Exeter-based Flybe has unveiled plans to change its day-to-day operating structure, by creating three new divisions – Flybe UK, Flybe Europe and Flybe Aviation Support. Read More...
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