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West Midlands
Tuesday 22 December 2020

Latest News

Top Story

PE-backed group acquires Munich business

A private equity-backed waste management company has acquired a Munich-based business.
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Insider Feature
Feature 1

Business Matters: Peer Networks sees high demand as businesses sign up to work together to drive growth

Peer Networks is working with business owners up and down the country to help them grow and position themselves for future success.
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Deals

Beech Tree eyes Mids expansion

Beech Tree Private Equity has told Insider it is planning to invest in a high growth platform business in the financial services sector and is targeting expansion in the Midlands.
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Morgan Stanley invests in Codemasters

Morgan Stanley has invested in Codemasters, one of the oldest names in Britain's video game industry, which is currently a target of a takeover attempt from Electronics Arts which submitted a bid valuing the listed company at £945m.
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Drone tech firm secures five-figure boost

A Worcestershire-based drone technology company has secured a £30,000 boost.
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MarketFinance lending tops £340m in 2020

Fintech lender MarketFinance has provided more than £340m to UK businesses in 2020.
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Ulaw expands into Scotland with acquisition

The University of Law (ULaw) has acquired Central Law Training Scotland (CLT Scotland) from Wilmington plc, giving it a presence in Scotland for the first time.
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Business

UK sales increase at photo firm

UK sales have increased at a Warwick-based company, which is part of Europe's largest photo business, during 2020, according to new documents.
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Power tool supplier doubles turnover after DIY surge

A Black Country power tool supplier has doubled its turnover in the last 12 months because of an increase in DIY due to the pandemic.
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Shares in listed retailers fall after increased Covid restrictions

Shares in listed retail companies across the Midlands slumped following the increased Covid-19 restrictions which were announced at the weekend.
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Europcar hit by “challenging environment” and extra costs

The UK division of vehicle hire company Europcar fell to a pre-tax loss of £4m during its latest financial year "in a challenging environment". However, without the impact of continuing Trading Standards costs, it still made a pre-tax profit of more than £3m.
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DFS sales grow despite “unpredictable” environment

Listed furniture retailer DFS has grown sales in the first half of its financial year but a number of its stores are now closed in Wales and Tier 4 areas of England.
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Turnover tops £500m at JR Rix following acquisitions

Turnover has grown to more than £500m in recently filed accounts for JR Rix & Sons boosted by strategic acquisitions for its petroleum business. Overall, the group is also said to have performed well during the Covid-19 pandemic.
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Midlands business confidence rises

Business confidence jumped across the East and West Midlands in December, according to new figures.
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Property

Green light for 260 new apartments

Plans to construct up to 260 new apartments in Birmingham have been approved.
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Hotel extension plans voted through

A four-storey extension for a Birmingham hotel has been voted through.
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New affordable homes scheme gets go-ahead

Proposals for 36 new affordable homes in Birmingham have been backed.
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Retailer to open job-creating new store

A commercial redistributor of surplus food and household products has been granted planning permission for a new store in Dudley.
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Work starts on £3.4m medical centre

Work has started on a new £3.4m medical centre in Staffordshire.
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Manufacturing

Firm sees results rise as private equity deal completed

Turnover and pre-tax profits jumped in the year a Hereford-based beverage manufacturer and packager was acquired by a private equity firm, new accounts have revealed.
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Pandemic forces turnover back to 2018 levels at manufacturing group

Turnover at a Walsall manufacturing group has fallen back to 2018 levels because of the Covid-19 pandemic.
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Lightweighting specialist eyes growth

A Coventry-based lightweighting specialist is eyeing growth after delayed accounts revealed its performance during an "extremely challenging" period.
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Other News

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

Member Exclusive News

New board member for listed floorcoverings maker

A new board member has been added by Worcestershire-headquartered floorcoverings maker Victoria.
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Non-executive director to step down

A non-executive director at Birmingham-headquartered floorcoverings wholesaler Headlam is to step down.
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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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