Today's East Midlands business news from Insider |
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East Midlands
Friday 29 January 2021

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Dr Martens floats with £3.7bn market cap

Iconic shoe brand Dr Martens, which is headquartered in Northamptonshire, is floating on the London Stock Exchange with a market capitalisation of £3.7bn, it has been confirmed.
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Insider Feature
Feature 1

Business Matters: Raising finance (by debt or equity) to fund growth in a post Covid world

Haydon Simmonds and Jahid Ali, banking and finance and corporate partners at Howes Percival, consider some of the issues facing businesses looking to fund growth in a post-Covid world.
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Deals

Value and number of Midlands deals slump in 2020

The number of deals completed in the Midlands last year fell to its lowest level since 2014, according to new figures, while their values slumped by almost 60 per cent.
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Retail giant lowers stake in French Connection

The Derbyshire-headquartered group behind the likes of Sports Direct and House of Fraser has lowered its stake in French Connection.
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Paperchase deal saves 1,000 jobs amid store closures

Stationery and greetings card retailer Paperchase has been sold out of administration in a pre-pack deal which will see about 1,000 jobs saved. However, 37 stores are set to close permanently.
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Real estate giant buys into property development specialist

One of the world's largest real estate managers has acquired a 25 per cent stake in property development specialist Langtree in a multimillion-pound deal.
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Terms agreed for acquisition of intermediary mortgage lender

Shawbrook Bank has agreed terms on the acquisition of The Mortgage Lender Ltd, a specialist intermediary mortgage lender.
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FRP’s East Midlands team supports acquisition

The East Midlands corporate finance team of FRP has supported a deal which saw the Bolton-based company behind the AquaVape brand complete the acquisition of an Essex counterpart in a pre-packaged deal, saving 21 jobs.
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ThinCats supports firm’s double deal

Leicestershire-headquartered alternative finance provider for mid-sized SMEs, ThinCats, has provided funding to a Scotland company to support a double acquisition.
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Boohoo in talks over Arcadia brands

Boohoo is in exclusive discussions with the administrators of Arcadia over the acquisition of a trio of well-known brands.
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Insider Feature
Feature 2

Business Matters: Rishi Sunak, Covid-19 and the UK tax system’s best kept secret…

Roy Farmer and David Bradshaw from Dains LLP say the Chancellor, Rishi Sunak, will face the impossible task of balancing the books, whilst trying to keep the taxpayer happy, when contemplating the fiscal plan to be outlined during the Spring budget.
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Business

Smart tech provider makes senior hire

A Derby-based provider of smart technology and cabling infrastructure to the commercial real estate industry, as well as the likes of Cadbury, Severn Trent Water and Gymshark, has made a senior appointment.
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Property

Pandemic forces homes builder into the red

A homes builder which operates across England and Scotland fell to a pre-tax loss during its latest financial year as the final few months were hit by the Covid-19 pandemic.
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Job-creating Aldi plans backed

Proposals for a new Aldi in Lincoln, which will create about 100 full and part-time jobs, have been voted through.
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Property investor sells four sites

A Leicester-headquartered UK property investment company as disposed of four sites in Chester, Scarborough, Bedford and Llandudno for an aggregate of £1.6m.
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Refusal expected for almost 80 homes

An application to construct almost 80 new homes in Northamptonshire has been recommended for refusal.
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Hat-trick of deals for city centre industrial estate

A Nottingham city centre industrial estate is now fully let after a hat-trick of deals completed by commercial property agents Innes England.
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Manufacturing

Historic motorcycle maker to relocate headquarters

A Derbyshire motorcycle maker, which was founded more than 120 years ago, is set to move its headquarters to Solihull.
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Senior Siemans executive to speak at Insider awards

A senior executive at engineering giant Siemens has agreed to speak at Insider’s manufacturing awards.
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Commercial vehicle manufacturing suffers 2020 decline

The manufacturing of commercial vehicles in the UK dropped by 15.5 per cent in 2020, new figures show.
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GKN Aerospace to lead hydrogen propulsion system project

GKN Aerospace is to lead a collaboration programme to develop the company’s first hydrogen propulsion system for sub-regional aircraft. The project aims to create more than 3,000 jobs in the next decade.
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Other News

NEW Midlands Top 500 Companies Database - contact thousands of the senior decision makers

Member Exclusive News

Imps partner with Wilkin Chapman

Lincoln City FC have announced a new partnership with law firm Wilkin Chapman.
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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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Best Places to Stay

Best Places to Stay

The region's top hotels and accommodation.
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