Today's West Midlands business news from Insider |
Latest News | Private equity firm LDC has exited a cloud services technology company in a management buyout (MBO) which values it at £90m. Read More… |
|
Duncan Ward, CEO of Network Telecom, looks at the ways in which businesses can prepare to work from anywhere with a unified communications solution. Read More… |
|
A US-based global investment management firm has taken a stake in Walsall-headquartered HomeServe. Read More… |
OakNorth Bank is still "very active" when it comes to providing financial support to companies in the ongoing pandemic and beyond, a senior debt finance director has told Insider. It comes after government-backed initiatives such as the Coronavirus Business Interruption Loan Scheme (CBILS) were extended as the second English lockdown gets underway. Read More… |
Savoury pastry producer Addo Food Group has been acquired by PAI Partners in a deal which provides an exit for private equity firm LDC. Read More… |
|
Many businesses were forced to adapt and adopt new processes in a rush as the pandemic hit. SafetyCulture’s Dan Joyce explores how we can build on those hasty foundations and optimise for safer, more productive and successful companies in 2021. Read More… |
|
Shares in Midlands companies including Rolls-Royce, National Express and Marston's jumped after Pfizer and BioNTech announced positive efficacy results from the third phase, late-stage study of their potential Covid-19 vaccine, which was found to be more than 90 per cent effective. Read More… |
Businesses need to look seriously at adopting 5G technology now to help build resilience helping get through the current crisis, according to an expert on the hyper-fast mobile technology. Read More… |
An agreement has been signed between West Midlands Trains and Derby-headquartered Porterbrook aiming to reduce costs and improve the reliability of the train operator’s Class 172 fleet. Read More… |
A number of financial businesses in Leicestershire and Worcestershire have combined to form a new private equity-backed group. Read More… |
Part of the NEC Group has won the contract to deliver the ticketing system for Coventry’s year as UK City of Culture 2021. Read More… |
|
Work to transform the old maintenance yard for the former Mitchell & Butlers Springfield Brewery in Wolverhampton into more than 60 new homes is set to get underway in the coming weeks. Read More… |
NG Bailey has completed its £14.6m installation of mechanical and electrical services at battery development facility. Read More… |
A Nuneaton-based sheet metal design and manufacturing firm has secured a seven-figure property deal. Read More… |
Listed housebuilding giant Persimmon has said it "continues to perform robustly" despite the impact of the Covid-19 pandemic and is on course to achieve a good result in 2020. Read More… |
|
Underlying operating profits at international aerospace and defence engineering company Meggitt are expected to have more than halved by the end of 2020, the listed business has revealed. The business added that it remains "well placed" to recover. Read More… |
The manufacturing arm of Redditch-headquartered electronics maker Solid State has secured funding from Innovate UK to develop its battery powertrain. Read More… |
Jaguar Land Rover has announced the appointment of two new executives. Read More… |
Turnover increased to almost £230m at the UK arm of plant-based food and drink maker Alpro during its latest financial year, new documents have revealed. Read More… |
A private equity-backed engineering group which has operations in Burton-upon-Trent, has reported a rise in turnover and EBITDA for its latest financial year. Read More… |
|
Member Exclusive News | A specialist door manufacturer and family-run car dealership has agreed to take space at St Modwen's Albion Gateway site in Burton-upon-Trent. Read More… |
Aldi, which has its UK headquarters in Warwickshire, is to extend its trial of click and collect to up to more than 200 additional stores by Christmas. Read More… |
|
Services & Guides | | Find an adviser to help you buy, sell or invest in a business. Read More… |
| The region's top places to hold events, conferences and meetings. Read More… |
| The region's top hotels and accommodation. Read More… |
|
|
|