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North East
Monday 8 February 2021

Latest News

Top Story

Bids in for two North East freeports

Bids have been submitted for two potential Freeports in the North East - one a 'game changing' facility in Teesside that could generate 18,000 jobs and another virtual free trade zone which could create 30,000 jobs - in a move that could add billions of pounds to the region's economy.
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Insider Feature
Feature 1

Ask the expert: The day after the night before. Deal done - what now for technology and systems?

Steve Williams, head of mergers and acquisitions at Waterstons, takes a look at what happens after deal completion. New owners naturally want to consolidate everything into a single system, a single infrastructure, or a single data source; they already have them in their existing business and it’s worked well – so does that mean it’ll work well for NewCo too?
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Deals

Bidvest Noonan buys 4,000-strong services provider

Security, cleaning and front of house services provider Axis Group, which has a 4,000-strong workforce, has been acquired by Irish company Bidvest Noonan.
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eQS acquisition named Deal of the Month

The first acquisition by education technology specialist eQuality Solutions (eQS) - which forms part of a growth strategy to generate revenues of £20m by 2023 - has been named Insider's Deal of the Month for January.
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Boohoo to acquire trio of well-known brands

Boohoo has struck a deal to acquire the Burton, Dorothy Perkins and Wallis brands out of administration in a deal worth £25.2m.
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Mid-market deals value slumps - report

The value of North East mid-market deals fell by 50 per cent in 2020, according to a new report by KPMG.
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Insider Feature
Feature 2

Ask the expert: International M&A - would an overseas party be interested in acquiring your business?

Lee Humble, associate partner at MHA Tait Walker, looks at if an overseas party would be interested in acquiring your business.
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Business

Digital marketing firm to expand

Digital marketing agency Mediaworks has revealed plans to create an additional 50 roles in 2021 on the back of monthly revenue growth.
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Animmersion creates VR platform for housebuilder

Middlesbrough-based Animmersion UK has developed a real-time viewing platform to a housebuilder.
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UK business borrowing set to top £60bn by end of 2021 - EY

Borrowing by UK businesses is set to hit £60bn by the end of 2021, according to research from EY.
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Property

Petrol station portfolio changes hands

Seven petrol filling stations across the North East have been acquired by Certas Energy UK, bringing its estate to 84 sites.
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Luxury resort’s treehouse plans granted approval

Plans to build a number of woodside treehouse lodges at a luxury spa hotel in Durham have been given the green light.
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Ashberry starts work on new NE scheme

Housebuilder Ashberry Homes is expanding across the North East with a new development on the western edge of Newcastle.
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Manufacturing

Weetabix serves up sales and profits surge

Sales and profits surged at Weetabix during the first quarter of its US parent company's financial year, new figures have revealed.
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January boost for LCV market

The number of new vans being registered in the UK increased in January, according to new figures.
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Other News

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Services & Guides

Corporate Finance Directory

Corporate Finance Directory

Find an adviser to help you buy, sell or invest in a business.
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Best Places to Meet

Best Places to Meet

The region's top places to hold events, conferences and meetings.
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