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West Midlands Monday 11 January 2021 Send a Story Subscribe Membership Advertise Contact Latest News Top Story Triple Queen’s Award winner acquired A triple Queen's Award-winning supplier of antibacterial additives in Stafford has been bought by a Swedish company for £33.5m. Read More… Insider Feature Business Matters: Never let a good crisis go to waste These words are attributed to Winston Churchill as he shaped the post-war international system. In the aftermath of the greatest crisis since then, now is the time to reform a tax system that is unsuited to the demands of a 21st century economy, says Iain Wright, a partner at Claritas Tax. Read More… Deals Digital company nears crowdfunding target A Stourbridge company aiming to be a connected digital toolkit for creating more effective charity fundraising challenges has neared its crowdfunding target. Read More… Investment firm snaps up Dignity stake A London-based investment firm has taken a stake worth more than 10 per cent in Sutton Coldfield-headquartered funerals giant Dignity. Read More… Dr Martens steps towards IPO Iconic shoe brand Dr Martens has confirmed plans to float on the London Stock Exchange. Read More… Increase in PE-led deals for Gateley The corporate team at Gateley Legal has worked on an increased number of private equity led deals over the last 12 months. Read More… Moonpig “eyes £1bn IPO” Digital greeting cards group Moonpig has declined to comment on reports that it is lining up a £1bn stock market flotation. Read More… Browne Jacobson reveals role in brace of deals The Birmingham, Nottingham and Manchester offices of Browne Jacobson has revealed its involvement in a brace of acquisitions in the energy-from-waste industry. Read More… JP Morgan lowers Codemasters stake JP Morgan Chase has lowered its investment 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 (EA) which submitted a bid valuing the listed company at £945m. Read More… Business Blues owner set for half-year return to profit The parent company of Birmingham City FC is set to report a profit for the six months to the end of 2020 after making a loss during the same period in 2019. Read More… Rotala braced to make pre-tax loss Birmingham-headquartered bus operator Rotala is set to report a pre-tax loss for its most recent financial year. Read More… Results jump at commercial security company Turnover and pre-tax profits jumped at a Solihull-based commercial security company, which has worked with the likes of UPS, Savills, Land Rover and Hugo Boss during its most recent financial year. Read More… Poundland to temporarily close stores Poundland has temporarily closed 44 stores because of the current Covid-19 lockdown. Read More… Specialist care provider “well positioned” to weather pandemic A Coventry-headquartered specialist care provider is "well positioned" to weather the current challenging market conditions despite its longer term prospects being "heavily linked" to the wider UK economy. Read More… Results drop at group of companies Turnover and pre-tax profits dropped at a group of companies headquartered on the Worcestershire/Herefordshire border during its most recent financial year, new accounts have revealed. However, the directors said its performance was "considered to be healthy" Read More… JD Sports profits to be ‘significantly ahead’ of expectations JD Sports is expecting headline profits to be "significantly ahead" of current market expectations. Read More… Property Funding boost for landmark office scheme An extra £780,000 to support the construction of a landmark office development in Birmingham has been announced. Read More… Green light for near 80-acre solar park Approval has been given for a near 80-acre solar park to be constructed in Worcestershire. Read More… Plans in for almost 60 new homes Plans have been submitted for almost 60 new homes to be constructed in Birmingham. Read More… Land deal completed for new Aldi store Land in Shrewsbury originally earmarked for a hotel, coffee store, pub restaurant and industrial unit has been sold to Aldi. Read More… Hurstwood Holdings to repurpose vacant space for vaccine rollout Property and investment company Hurstwood Holdings is offering all of its vacant offices, warehouse and car parks across its 120 sites for free use by the NHS to aid the rollout of the Covid-19 vaccine. Read More… Manufacturing JCB’s profits dipped ahead of pandemic-hit year Manufacturing giant JCB's pre-tax profits dropped in its financial year before it was hit by the Covid-19 pandemic, delayed accounts have revealed. Read More… Historic cider maker falls to first loss since 1991 A cider maker which can trace its roots back to 1880 suffered its first loss since 1991 during its latest financial year, newly filed accounts have revealed. Read More… Long-serving CEO steps down The long-serving chief executive of Malvern-headquartered Tricorn Group is to step down. Read More… Churchill China remained in the black during second half Stoke-on-Trent-headquartered Churchill China has confirmed it traded profitably during the second half of its financial year because increased Covid-19 restrictions during the fourth quarter. Read More… Senior Airbus executive to become HVM Catapult CEO A senior vice president of Airbus in the UK is to become the new chief executive of Solihull-headquartered High Value Manufacturing Catapult (HVM Catapult). Read More… Customer’s collapse and Brexit hit stationery maker The collapse of a stationery manufacturer's third largest customer and Brexit delays combined to reduce the company's turnover and make it fall to a pre-tax loss for its latest financial year. Read More… Aggregate Industries outlines pandemic response Aggregate Industries has outlined how it has responded to the Covid-19 pandemic, including controlling costs in an effort to remain profitable. Read More… Other News NEW Midlands Top 500 Companies Database - contact thousands of the senior decision makers Member Exclusive News Contract to manage apartment scheme awarded A Birmingham-based company has been appointed to manage a development of 116 apartments in the city. Read More… Content marketing agency partners with ride-railing app brand A Birmingham-based content marketing agency has secured a partnership with ride-railing app brand UVA UK to support its regional and national roll out plans. 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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