PE-backed group acquires Munich business

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West Midlands Tuesday 22 December 2020 Send a Story Subscribe Membership Advertise Contact Latest News Top Story PE-backed group acquires Munich business A private equity-backed waste management company has acquired a Munich-based business. Read More… Insider Feature 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. Read More… 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. Read More… 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. Read More… Drone tech firm secures five-figure boost A Worcestershire-based drone technology company has secured a £30,000 boost. Read More… MarketFinance lending tops £340m in 2020 Fintech lender MarketFinance has provided more than £340m to UK businesses in 2020. Read More… 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. Read More… 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. Read More… 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. Read More… 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. Read More… 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. Read More… 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. Read More… 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. Read More… Midlands business confidence rises Business confidence jumped across the East and West Midlands in December, according to new figures. Read More… Property Green light for 260 new apartments Plans to construct up to 260 new apartments in Birmingham have been approved. Read More… Hotel extension plans voted through A four-storey extension for a Birmingham hotel has been voted through. Read More… New affordable homes scheme gets go-ahead Proposals for 36 new affordable homes in Birmingham have been backed. Read More… 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. Read More… Work starts on £3.4m medical centre Work has started on a new £3.4m medical centre in Staffordshire. Read More… 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. Read More… 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. Read More… Lightweighting specialist eyes growth A Coventry-based lightweighting specialist is eyeing growth after delayed accounts revealed its performance during an "extremely challenging" period. Read More… 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. Read More… Non-executive director to step down A non-executive director at Birmingham-headquartered floorcoverings wholesaler Headlam is to step down. Read More… Services & Guides Corporate Finance Directory Find an adviser to help you buy, sell or invest in a business. Read More… Best Places to Meet The region's top places to hold events, conferences and meetings. Read More… Best Places to Stay The region's top hotels and accommodation. Read More… Send a Story Subscribe Membership Advertise Contact

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