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Central and East
Insider News
Wednesday 18 May 2022

LATEST NEWS

TOP STORY

A deal has been agreed for the Cambridge and Sandwich-based bioanalytical business unit of life science tools company LGC to be acquired by a private equity-backed global provider of large and small molecule bioanalytical services.
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INSIDER FEATURE

Simon Peacock, partner at Alantra, looks at five things sellers should avoid in M&A when the Covid tide goes out.
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DEALS

A designer, manufacturer and installer of bespoke kitchens with showrooms across the UK has been acquired in a management buyout backed by Coniston Capital.
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An electronics firm has been bought by Literacy Capital-backed Techpoint, with Old Mill and Mogers Drewett advising on the deal.
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FPE Capital, a software and services focused lower mid-market growth investor, has announced the successful final closing of its third fund, with investor commitments of £185m.
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SME lender Recognise Bank is set to benefit from £8.7m in new capital following a funding round announced by parent company the City of London Group (CoLG).
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Arbuthnot Commercial Asset Based Lending has structured and provided £430m of facilities to SMEs and mid-market businesses across England, Scotland and Wales since launching in 2018.
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PROPERTY

Commercial property and investment company Evolve Estates has acquired The Britten Centre in Lowestoft.
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Fashion brand Ted Baker is set to open a new store at centre:mk Milton Keynes.
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A new 80,000 sq ft building with the capacity to house up to 900 employees has been completed by Brookgate in Cambridge.
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Turnover and pre-tax profits have risen at a construction company which has worked on projects such as MediaCityUK, St George's Park and Warner Bros Studios.
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BUSINESS

Premier Foods has reported full-year trading profit and adjusted profit before tax ahead of expectations with the food group behind brands including Mr Kipling, Bisto and Angel Delight saying it had successfully navigated supply chain challenges and the inflationary environment. Cost efficiency programmes and pricing action will be used to manage input cost inflation, the group added.
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US international technical professional services firm Jacobs is recruiting 600 people to support the UK and Ireland's climate response.
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Regional law firm Howes Percival has made two senior promotions at its Cambridge office.
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MANUFACTURING

UK heavy goods vehicle (HGV) registrations declined during the first quarter of 2022, according to the latest figures.
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UPCOMING EVENTS

SERVICES & GUIDES

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