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Top story
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Renew buys Amco for £19.8m
Aberford-based Renew Holdings is buying Barnsley-based specialist engineering company Amco for £19.8m, it announced this morning. The heavy construction business said it is funding the purchase through a £15m loan provided by HSBC and out of existing cash resources.
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Deals
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Confidence up in M&A and funding markets - Deloitte
There is increasing confidence in the Yorkshire M&A and funding markets, according to business consultancy Deloitte.
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Business
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MGB aims to stay top dog
Conor Sugrue, the general manager of MGB Plastics, has told Insider that the Rotherham-based business, which competes with fellow Yorkshire wheeled bin manufacturer Straight, aims to consolidate its position as the UK’s number one supplier.
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A&L sets up with help from council scheme
Two recruitment consultants from Sheffield who were made redundant from their previous roles have set up A&L Recruit after receiving support from a Sheffield City Council scheme.
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Record manufacturing levels revealed
Manufacturing activity has climbed to its fastest pace since records began, according to the Purchasing Managers' Index (PMI) survey. It also reveals that factory costs have increased and employment in the manufacturing sector has risen at its quickest pace since 1992.
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Refusal to register Rotherham private hospital upheld
Rotherham Private Hospital, the company behind a planned private hospital in the town, has failed to overturn a refusal by the Care Quality Commission to register its clinic. Conditions at the business' Birkdale Clinic were labelled a "disgrace" after a visit by CQC inspectors in 2009.
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Newburgh sponsors manufacturing link up with education
Rotherham-based Newburgh Engineering is sponsoring an event aimed at bringing together important figures from education and manufacturing businesses as part of the Global Manufacturing Festival: Sheffield.
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Property
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Lupton Fawcett advises Austin Reed on property deals
Lupton Fawcett, a Leeds and Sheffield-based commercial law firm, is advising the Austin Reed Group - including County Casuals and Viyella - on 11 new deals to open further shops across the UK.
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Cranswick in £7.3m Wombwell deal
Food products business Cranswick has acquired its Wombwell premises in a £7.3m deal. The site housed one of the Hull-headquartered company's cooked meats facilities.
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Mortgage drought recorded for 2010
A record low in new mortgage lending has been revealed for 2010. Bank of England statistics show net lending fell to £8.15bn during the year - down from £11.33bn in 2009.
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