Today's North East business news from Insider |
| Thursday 3 September 2020 |
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Latest News | Hydraulic excavator manufacturer Komatsu UK has reported an "expected" reduction in turnover after experiencing growth in its 2018 results. The company's managing director also touched on the challenges faced as a result of Covid-19.
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Lee Humble, associate partner at MHA Tait Walker, looks at the emergence of management buyouts in the M&A market.
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Newton Aycliffe-based Mill Masters International has been acquired through a management buyout (MBO), with Natwest supporting the transaction.
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Thornton-based Vixen Surface Treatments has sustained its plans for growth thanks to grant support throughout the Covid-19 crisis.
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Financial planning and wealth management firm Gale and Phillipson has made an acquisition in support of its target of growing funds under management to £2bn.
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The Hut Group has confirmed its intention to undertake one of the biggest floats of 2020, in a move valuing the business at about £4.5bn.
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Teesside International Airport has installed new scanners ahead of a £1m renovation of its security area.
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The group behind a host of accounting, advisory and businesses services firms is set to rebrand.
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A Seaham-based cyber security firm has reported a surge in revenue during the 2020 financial year and is now looking to expand its team.
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The Green Energy Advice Bureau is eyeing further recruitment after acquiring a new office space in Newcastle.
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Proposals for a job-creating discount food store on the site of former NHS flats in North Shields have been given the seal of approval.
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North East hospitality group Northumberland Pub Co has expanded its portfolio through the acquisition of a restaurant with rooms. The company has also complete a more than £70,000 revamp of the site.
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A soft drinks manufacturer has revealed plans to invest in a new canning facility at its Sunderland headquarters with the support of private equity backing.
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Services & Guides | | | Find an adviser to help you buy, sell or invest in a business.
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| | The region's top places to hold events, conferences and meetings.
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