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WestBridge Fund Managers, the Cardiff-based private equity firm, has made its biggest investment since it was set up in 2008. WestBridge invested £4.2m as part of a £8.5m management buyout at Aero Stanrew, an aerospace component maker in Devon. READ MORE...
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| Deals |
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Six companies have placed bids for Peacocks, the Cardiff-based retail group which went into administration in January. Read More...
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Gareth Rowlands, a former executive at glass maker Schott, has led a £5m buy-in at Viscose Closures, a packaging maker which has a factory in Swansea. Read More...
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| Companies |
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CK's Supermarkets managing director Christopher Kiley has told Insider he expects profit at the Llanelli company to dip this financial year despite a cost-cutting drive. Read More...
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Tinopolis, the TV production company, is to close its studio in Caernarfon and make some staff redundant in Llanelli following an S4C programme budget cut. Read More...
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Principality, the building society, provided borrowers with a four-year record £1bn and raised £814m in 2011 but pre-tax profits fell 20 per cent to £24.5m. Read More...
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North Wales-based Avia Health Informatics said a sale of the business is one of the options it is considering as its struggles with cashflow continue. Read More...
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Fusion IP, the commercialisation group which works with Cardiff University, has revealed progress made by two of its Welsh portfolio companies. Read More...
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| Government and politics |
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The Welsh Government hopes to create two further enterprise zones, which will be at Trawsfynydd in Gwynedd and Milford Haven in Pembrokeshire. Read More...
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A total of 32 towns and cities across the UK are bidding to host the Green Investment Bank, which the Welsh Government wants for Cardiff. Read More...
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Talking Point: Time to create jobs
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Ask the Expert: Becoming a franchise
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