|
Top story
|
Endless completes Amco exit with £14m deal
The departing members of the Amalgamated Construction management team have acquired Endless’ stakes in Amco Drilling and Amco Developments, Insider can reveal. The deals, which value the two companies at a combined total of £14m, follow the sale of Amalgamated Construction to Renew Holdings in February for £19.8m initial consideration plus £6.2m deferred.
|
|
Deals
|
Two-tiered capital system looms
Competition for capital is set to intensify with fears of a looming split creating a "two-tier economy" between larger cash-rich businesses and those in need of funding. That's the view of Deloitte, which has carried out a study entitled 'A Tale of Two Capital Markets'.
|
MBL plans to dispose of U-Explore stake
CD and DVD distributor MBL Group, which has started an “immediate downsizing” programme after losing two major contracts with Morrisons, has announced plans to dispose of its stake in Rotherham-based digital media company U-Explore.
|
|
Property
|
Henry Boot shines in 2010
Henry Boot is back in the black for the year to 31 December 2010, according to its preliminary results. The Sheffield construction and property company expects a pre-tax profit of £18.9m for 2010, against losses of £11.9m the previous year.
|
Earth Centre site sold
Doncaster Council has sold the former Earth Centre site in Conisbrough to Kingswood, a provider of educational and adventure activity services.
|
|
Business
|
Airea hit by "erratic" demand and inflation
Ossett-based specialist flooring business Airea has reported a fall in profit and revenue amid "depressed" market conditions. The company said the business has faced a "volatile trading environment with a mix of erratic demand and raw material inflation".
|
Proactis eyes 2011 growth
Proactis, an AIM-listed software company based in Leeds, is eyeing expansion at home and in overseas markets, according to marketing director Simon Dadswell. He told Insider the company, which has secured a number of contract wins in 2011, is reaping the benefit of supplying products that help organisations save money.
|
Government must nurture 'jewel in crown' - Scuoler
The government has been issued with a stern warning to provide fresh support for manufacturers by industry leaders speaking at an Insider breakfast debate in South Yorkshire. With the “Budget for growth” being announced today, delegates at the Question Time-style event claimed the coalition government’s honeymoon would be over if it failed to create a nurturing environment for an industry described as “the jewel in the economic crown”.
|
"Big squeeze" on the way despite growth measures
Effective Enterprise Zones (EZs) to stimulate growth in Yorkshire figure in the predictions of commentators ahead of George Osborne's Budget today. But whatever measures are announced, Roger Bootle, economic adviser to Deloitte, insists "the big squeeze is still coming".
|
Dortech launches new division
Specialist commercial glazier Dortech Architectural Systems has launched Dortech Maintenance, a division set up to provide refurbishment and maintenance services to the market.
|
Boost your client base – Request a free Insider Membership Pack
Our Insider Membership Club offers fantastic benefits for anyone doing business in the UK regions. Valuable sales leads, vital information, networking opportunities, competitor analysis and much more. Request your free Membership pack now.
|
