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Management at Independent Forgings & Alloys in Sheffield have acquired a majority stake of the specialist manufacturer in a buyout deal supported by Yorkshire advisers. The management team of Andy McGuinness, Craig Syson and Gareth Davies increased their existing equity stake in the company, with YFM Equity Partners disposing of its minority share and Martin Burnham reducing his holding while continuing in his role as chairman. READ MORE...
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| Deals |
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The Yorkshire deals market has dropped "significantly" in value from £1.5bn in the first nine months of 2010 to just £133m for the same period this year, according to a report by the Centre for Management Buyout Research, sponsored by Ernst & Young and Barclays Private Equity. Read More...
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Viridas said it has completed a financial restructuring and "significantly" reduced overheads in a statement this morning. Read More...
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| Business |
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A consultation about ending planemaking at BAE's Brough plant has commenced as the defence giant threw 899 jobs at the site into jeopardy. Read More...
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First-half losses have narrowed at Harrogate-based mobile applications business Mobile Tornado. Read More...
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Deloitte has appointed four directors to its Yorkshire restructuring services team. Read More...
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Looking to develop your business? Want to expand your commercial reach? Try a sample of the Complete Set of our Top Companies marketing data lists. Covering 7 different UK regions this database package is incredibly cost effective. Request a free data sample today. Read More...
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| Property |
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James Latham has acquired new premises at Tingley in Leeds to support its planned expansion in the north, specifically along the M62 corridor. Read More...
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Construction of a 30,000 sq ft food manufacturing plant which is expected to create up to 40 jobs is underway in Bradford. Read More...
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AMEC Environment & Infrastructure has relocated its Leeds office to 1,500 sq ft of space at Prospect House. Read More...
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Gallagher Retail Park in Huddersfield is fully let after Worthington Properties agreed a 15-year lease on the last available unit with discount retailer Home Bargains. Read More...
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Insider Features |
In Focus: Evolution not revolution
Editor Richard Abbott finds Yorkshire’s lawyers are relaxed about the impending 'Tesco law'.
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Ask the Expert: Upgrading broadband
Mark Conway at Yorkshire-based communications provider KC, explains why broadband connections may not be enough for today’s internet-reliant businesses.
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