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Today's West Midlands business news from Insider |

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West Midlands

Wednesday 4 May 2022

LATEST NEWS

TOP STORY

Former Ferrari CEO to take the wheel at Aston Martin

Tobias Moers is to step down as chief executive of Aston Martin with a former Ferrari CEO set to take the helm at the luxury automotive business. In first quarter results, Aston Martin said it was well-placed to achieve good growth in 2022.
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INSIDER FEATURE

Business Matters: The benefits of thinking out loud

Liz Whitfield from Growth Plans looks at the benefits of thinking out loud.
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DEALS

Palatine-backed consultancy expands with major acquisition

A Leicester-based provider of construction consulting and testing services backed by Palatine has snapped up a Tipton company which employs almost 40 people and operates across the UK.
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Ampa completes merger with Mayo Wynne Baxter

Legal and professional services group Ampa - whose brands include Lime Solicitors and Shakespeare Martineau – has completed its merger with Mayo Wynne Baxter.
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Fast-growing insurance broker snapped up by Aston Lark

An insurance broker with ten regional offices has been acquired by Aston Lark as it looks to accelerate its plans for growth.
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Finance facility to complement Fat Hippo expansion plans

The Fat Hippo Group has revealed plans to more than double its number of restaurants and create 200 new jobs by the end of 2023. The move has been backed by a six-figure finance facility with Natwest.
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CMA minded to accept petrol station sales relating to Morrisons deal

The Competition and Markets Authority (CMA) has said it is minded to accept plans to sell 87 petrol stations to address competition concerns relating to Morrisons's acquisition by US private equity firm Clayton, Dubilier & Rice.
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PROPERTY

Former business centre earmarked for mixed-use scheme

A mixed-use scheme has been proposed for the site of a former business centre in Birmingham.
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Study Inn secures refinance of £161m portfolio

Study Inn Group, a serviced student accommodation owner, developer and operator, has refinanced its second portfolio of assets with facilities totalling £161m.
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Commercial heating specialist relocates

A commercial heating specialist has relocated to a new head office after outgrowing its previous base.
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Funding secured for Birmingham Museum & Art Gallery refurb

Almost £5m of funding has been secured to support the refurbishment of the Birmingham Museum & Art Gallery.
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CBRE strengthens planning and development team

CBRE has added to its planning and development team in Birmingham with the appointment of a senior director.
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Henry Brothers completes £4.4m nursery and forest school

Contractor Henry Brothers has handed over a £4.4m nursery and forest school at Staffordshire University.
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BUSINESS

Results rise at equipment hire firm

Revenue and pre-tax profits have risen at a Wolverhampton-based heating and air-conditioning equipment hire company.
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New chief executive at Shoosmiths

A long-standing Birmingham partner has become Shoosmiths' chief executive.
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Sydney Mitchell LLP names new partners

West Midlands law firm Sydney Mitchell LLP has named four new partners as part of a wider promotions round.
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Birmingham promotions at Irwin Mitchell

Irwin Mitchell has revealed a series of promotions to strengthen its Birmingham office.
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KPMG Law outlines plans to double in size

KPMG Law, part of the professional services firm KPMG, is aiming to double in size over the next three years, taking on more than 200 new lawyers.
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MANUFACTURING

Luceco expects revenue shortfall

LED lighting maker Luceco has said that it expects to report a shortfall in revenue and profits following a record year in 2021. However, the company's chief executive added that he remains "excited by our long-term potential".
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First quarter drop for UK engine production

UK engine production continued to be impacted by the global shortage of semiconductors during the first quarter of the financial year, according to the latest figures.
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OTHER NEWS

NEW 2022 Midlands Top 500 Companies Database - contact thousands of the senior decision makers

Midlands Top 300 SME companies data - contact top decision makers

MEMBER NEWS

Kids Planet acquires Halesowen nursery

Kids Planet has expanded with the purchase of a nursery in Halesowen.
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Kidderminster hotel completes guest lodge project

A Kidderminster hotel has opened a guest lodge following the completion of a £350,000 refurbishment.
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UPCOMING EVENTS

19 May	Insider East Midlands Dealmakers Awards 2022
24 May	Midlands Residential Property Breakfast 2022
26 May	Insider Made in the Midlands Awards 2022
14 Jun	Insider: Developing Your Workforce Breakfast
23 Jun	Insider Midlands Residential Property Awards 2022