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Central and East
Wednesday 24 February 2021

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Profits steady as Connells reveals Covid-19 impact

Estate agency and property services provider Connells Group has reported an increase in profits in its latest financial year, although revenues slipped due to the shut down of the housing market during the ongoing Covid-19 pandemic.
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Insider Feature
Feature 1

Ask the Expert: What does Brexit mean for your Intellectual Property (IP) rights?

Friday 31 January 2020 is the widely publicised date on which the United Kingdom formally left the European Union (EU), but what does this mean for your Intellectual Property rights? David Gwilliam, a partner at Adamson Jones IP offers his expertise.
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Deals

Cambridge Uni spin-out secures $9.5m

A Cambridge University spin-out has secured $9.5m in a series A funding round to accelerate the deployment of its energy efficient devices.
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3D printing specialist bought by Stratasys

Aylesbury-based RP Support Ltd, a provider of industrial stereolithography 3D printers and services, has been acquired by NASDAQ-listed Stratasys. BCMS advised on the deal.
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BOOST&Co completes £1.7m debt fund raise

The Cambridge office of alternative growth lender BOOST&Co has completed a £1.7m debt fund raise for specialist insurance consultancy r10 Consulting. Ashcroft advised on the transaction.
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Leicestershire distillery acquired by The British Honey Company

A Leicestershire-based distillery has been acquired by The British Honey Company (BHC) for an initial consideration of £8m.
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Veterinary practice acquired by listed group

A first opinion veterinary practice operating three sites across Carmarthenshire has been acquired by CVS Group.
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Bestway Wholesale completes Costcutter Supermarkets acquisition

The acquisition of Costcutter Supermarkets Group by Bestway Wholesale from Bibby Line Group has completed.
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Business

Great Yarmouth firm wins PPE contract

ScottishPower Renewables has awarded a significant contract to Great Yarmouth-based personal protective equipment (PPE) specialist Gibb Safety & Survival.   
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Angling Direct set to report revenue hike

Fishing retailer Angling Direct has "maintained positive sales momentum" and expects to report a 27 per cent hike in revenue in its latest financial year.
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Focusrite boosted by strong demand

Music and audio products company Focusrite has been buoyed by strong demand.
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Property

Bio firm expands at Chesterford Research Park

Synthetic biology company Camena Bioscience has expanded its presence at Chesterford Research Park.
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Cambridge International Technology Park developer buys second site

Abstract Securities has acquired a second and adjoining site in Fulbourn Road Cambridge for its Cambridge International Technology Park scheme, increasing its total ownership to 15.26 acres of development land.
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JV acquires Stevenage land for £45m project

Wrenbridge and Bridges Fund Management have acquired a strategic employment site in Stevenage which could be developed into more than 200,000 sq ft of logistics and industrial space.
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Green light for 330 Marham Park homes

Plans have been approved for the construction of 330 new homes in Bury St Edmunds, on two parcels of land spanning 22.9 acres.
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Land deal paves way for Peterborough homes

A land deal has paved the way for the development of 130 homes on a former part of the East of England Showground in Peterborough.
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HBD strikes deal with Costa

Property developer HBD has struck a deal with Costa Coffee for a new drive-thru at Airport Business Park Southend.
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Freeths refreshes office portfolio after remote working success

Freeths has refreshed its office portfolio on the back of the move to agile working being hailed as a "great success".
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Other News

Reckitt Benckiser to sell Scholl

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