Today's North East business news from Insider |
Latest News | 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. Read More… |
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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? Read More… |
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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. Read More… |
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. Read More… |
Boohoo has struck a deal to acquire the Burton, Dorothy Perkins and Wallis brands out of administration in a deal worth £25.2m. Read More… |
The value of North East mid-market deals fell by 50 per cent in 2020, according to a new report by KPMG. Read More… |
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Lee Humble, associate partner at MHA Tait Walker, looks at if an overseas party would be interested in acquiring your business. Read More… |
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Digital marketing agency Mediaworks has revealed plans to create an additional 50 roles in 2021 on the back of monthly revenue growth. Read More… |
Middlesbrough-based Animmersion UK has developed a real-time viewing platform to a housebuilder. Read More… |
Borrowing by UK businesses is set to hit £60bn by the end of 2021, according to research from EY. Read More… |
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Seven petrol filling stations across the North East have been acquired by Certas Energy UK, bringing its estate to 84 sites. Read More… |
Plans to build a number of woodside treehouse lodges at a luxury spa hotel in Durham have been given the green light. Read More… |
Housebuilder Ashberry Homes is expanding across the North East with a new development on the western edge of Newcastle. Read More… |
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Sales and profits surged at Weetabix during the first quarter of its US parent company's financial year, new figures have revealed. Read More… |
The number of new vans being registered in the UK increased in January, according to new figures. Read More… |
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Services & Guides | | Find an adviser to help you buy, sell or invest in a business. Read More… |
| The region's top places to hold events, conferences and meetings. Read More… |
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