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South West
Friday 28 May 2021

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Milestone for landmark deep tech incubator

Construction work on a new £6m deep tech incubator in the heart of Bristol has reached a milestone. The project is set to support an estimated 250 high-value jobs.
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Insider Feature
Feature 1

Business Matters: M&A market unleashed in the South West, despite the current climate

Tim Spooner, corporate finance director for KPMG in the South West, says the M&A market is booming. While 2020 was an unusual year for most sectors, since the easing of lockdown restrictions, it's fair to say that Covid-19 has accelerated a change in the market's approach. Both in the South West and across the country we're seeing deal activity moving at such pace that we're a long way ahead of where we were last year, with more deals in the pipeline than ever.
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Deals

CMA opens investigation into CVC’s Six Nations deal

The Competition and Markets Authority (CMA) has launched an investigation into private equity giant CVC's acquisition of a stake in Six Nations Rugby.
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Augean takeover bid mulled

A potential takeover bid of listed specialist waste management group Augean is being considered.
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Dreams to be snapped up in multimillion-pound deal

Dreams, a bed retailer with locations across the UK, is to be acquired by Tempur Sealy International in a $475m deal.
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Insider Feature
Feature 2

Business Matters: Developing Bristol - investment in new projects and creating places with purpose

James Digby, director and head of HBD’s Bristol office, says recent figures demonstrating a resilient Q1 performance for Bristol’s office market - coupled with investment volumes reaching £85m (the highest quarterly total in the last year) - will come as little surprise to anyone involved in the city’s property industry.
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Business

Giganet lines up major expansion in South of England

Giganet has announced plans to add a further 22 cities to its existing partnership with CityFibre. The expansion follows news that Giganet has commenced work on its own full fibre broadband network, following a £250m funding injection from Fern Trading, as advised by Octopus Investments. 
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New team to bolster Ince’s maritime operation

Legal and professional services firm Ince has announced the imminent addition of a specialist and highly experienced shipping team to its Bristol office.
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Insider Feature
Feature 3

Cream of the crop

In a year which has brought stormy seas for the food services industry to navigate, an unexpected rise in consumers looking for comfort foods such as Cornish clotted cream, has made it an unexpectedly successful time for Trewithen Dairy. David Clensy reports.
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Property

Second phase launched of major business park scheme

Bridgwater Gateway has launched the second phase of its major business park development in Somerset.
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Marine ecological consultancy takes Plymouth Science Park space

A marine ecological consultancy has taken space at Plymouth Science Park.
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ASK and OakNorth Bank back Bristol acquisition

ASK and OakNorth Bank have funded the first transaction of FORE and Amicala's £300m joint venture to develop an extra care later living community in Bristol.
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Work underway on latest Mercury Business Park phase

Work on the second phase of Mercury Business Park in Cullompton is underway, with strong demand driving the move.
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Insider Feature
Feature 4

Business Matters: Eight ways to protect against cyber security threats

Alun Price, head of security at Chorus, looks at eight ways to protect against cyber security threats.
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Manufacturing

Airbus to lift rate of production as commercial aircraft market recovers

Airbus has said it intends to ramp up production as it prepares for the commercial aircraft market to recover to pre-Covid levels between 2023 and 2025.
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April rebound for UK car production

UK car production experienced a rebound during April but remained short of 2019 levels, according to new figures.
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Other News

NEW 2021 South West Top 500 Companies data - now available to order

Member Exclusive News

New campaign launched by Visit Cornwall

Cornwall is launching a campaign to welcome international visitors following this year’s G7 summit, which is taking place at Carbis Bay near St Ives.
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“Shovel ready” energy project snapped up

Natural resource exploration and development company Corcel has secured exclusive rights over the acquisition of the "shovel ready" Avonmouth 50MW gas peaking project outside of Bristol from FPC Electric Land.
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