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RecyCoal eyes rapid international growth

RecyCoal chief executive Tom Allchurch is targeting development opportunities around the world with the business formed as a result of the £14.5m management buyout of ATH Regeneration he led this summer. Using expertise built up in the UK, Allchurch told Insider he believes the business is set up for rapid growth internationally.

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Deals

MBO at Bestobell Valves

The management team of Sheffield-based Bestobell Valves has acquired three divisions of the business from owners Flow Group in a buyout. The management team also purchased the businesses' US and Indian-based operations.

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Investment opens up opportunities for Panel Systems

Panel Systems hopes to enter new markets after investing £75,000 in sanding equipment at its Sheffield plant. The investment was backed by Yorkshire Bank's South Yorkshire Financial Solutions Centre.

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Finance Yorkshire announces investment teams

Finance Yorkshire has announced investment teams for its £90m fund. The fund is split into three sections - Seedcorn Finance, Business Loans and Equity Linked Investment.

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Business

Cattles warns of "significant loss" for 2009

Beleaguered sub-prime lender Cattles has said its businesses have made satisfactory progress during 2010, as the business continues to explore consensual restructuring with its main creditors. In a statement to the Stock Exchange, Cattles said it anticipated a "significant loss" in its results for the year to 31 December 2009.

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Provident expects CSR impact to be modest

Provident Financial, the Bradford-based provider of home credit, has reported good collections performance through the third quarter of the year. The business said tight control over the quality of lending and the effectiveness of collections had driven its performance.

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Chinese trade mission hailed a "phenomenal showcase"

A trade mission to Sheffield's sister city Chengdu in China has been hailed as a "phenomenal showcase" for the Sheffield city region by Paul Scriven. The Sheffield City Council leader has arranged for a Chengdu trade mission to visit Sheffield next year.

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Complete Set of Top 500s - Purchase all Six

You can now purchase Insider’s Complete Set of Top 500 Companies 2010/2011 Databases at an exclusive promotional rate: A bundle of our accurate and comprehensive regional business marketing lists - featuring six UK regions. Special promotional offer expires 31 January 2011.

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Business Tourism

Business tourism drive smashes target

Almost £2m worth of conference sales have been achieved across Yorkshire in just six months, according to Welcome to Yorkshire. The figures reward the tourism body's business tourism initiative to drive growth across the conferences, meetings and incentive travel sectors.

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Cedar Court adds to board

Cedar Court Hotels has added to its board of directors. Maritza Demetriou, daughter of founder George Demetriou, and director of finance Kevin Henry have been appointed to the board of the Yorkshire independent hotel chain.

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Property

WSB appointed to market Fearns Wharf space

British Waterways has appointed Leeds-based WSB Property Consultants to market 7,750 sq ft of accommodation at Fearns Wharf in Leeds' Clarence Dock. The 35,000 sq ft Fearns Wharf is one of only three buildings in the city to have been granted a BREEAM excellent rating for environmental sustainability and energy efficiency.

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Community

In Focus: The north-south divide

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Is Yorkshire a county divided? Is Sheffield's steel a stronger global brand than Yorkshire's rose? Richard Abbott investigates.

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