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Top story
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Minns dismisses pan-Humber LEP
Hull City Council leader Carl Minns has snubbed the proposal for a pan-Humber LEP, and told Insider "I fail to see the value". His comments come as businesses leaders edge closer to government approval for a pan-Humber LEP with Hull and Humber Chamber of Commerce "urgently developing proposals" after landing the backing of government ministers.
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Deals
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Marpak to build factory with bank cash
Polythene extrusion and conversion business Marpak Extrusions is to build a £1m 10,000 sq ft production facility in Leeds after it secured backing from Yorkshire Bank.
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BDTS bought in cash and shares deal
Bradford-based BDTS Training Services (BDTS) has been acquired by Woodspeen Training in a cash and shares deal. Woodspeen will pay £607,000 for the business plus about £1m in respect of BDTS's assets.
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All clear for Boparan
Entrepreneur Ranjit Boparan's takeover of Leeds-based Northern Foods has been cleared by regulators. The Irish Competition Authority has given the all-clear after the Office of Fair Trading decided not to refer the merger to the Competition Commission.
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Buyer sought for bar group
A buyer is being sought for the business behind Popolo Bar Lounge & Kitchen in Leopold Square in Sheffield after three businesses within parent company Principle Leisure Group went into administration.
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S Yorks dealmakers advise on BIMBO
South Yorkshire dealmakers have advised on the acquisition of Insight Architectural Glazing by its management. Incoming chief executive Paul Russell and operations director Shaun Booth were advised by BHP Corporate Finance, an award winner at Insider's South Yorkshire Dealmakers Awards, on the buy-in management buyout deal (BIMBO). DLA Piper in Sheffield provided legal advice.
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Deal supports new premises for Tai Sun
Tai Sun Oriental Trading has expanded and opened new premises supported by funding from Barclays Corporate in South Yorkshire.
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Business
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WS Systems plans green centre at Magna
Rotherham-based solar power company WS Systems is in talks to create a renewable energy centre in South Yorkshire after it unveiled one of the UK’s biggest solar panel installations at Magna. The business is leading a £1m project at the South Yorkshire attraction and hopes it will be the catalyst to create a green education and training centre.
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Contract wins boost Redhall
Wakefield-based specialist engineering support services business Redhall has said first-half contract wins worth in excess of £30m have increased the visibility of earnings for the second half of its financial year. In a trading update, the business added that it continues to pursue its case against Vivergo Fuels.
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BCC defends £300,000 LEP network
The British Chambers of Commerce (BCC) has spoken out in defence of its government-backed 'network' for local enterprise partnerships (LEPs). It comes amid criticism that the LEP system is becoming more centralised with some business groups missing out on having their say. But BCC's Adam Marshall told Insider the move was "not about traditional top-down relationships" and would listen to all businesses.
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Property
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In-site eyes buys with finance package
Property management company In-Site Property Solutions is on the acquisition trail after securing a financing deal from Santander Corporate Banking.
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