Today's West Midlands business news from Insider |
Latest News | Turnover has risen at the company behind a Dudley-headquartered engineering giant, new accounts have revealed.
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Khush Purewal, partner and head of corporate finance at KPMG in the Midlands, says the M&A market is booming. Whilst 2020 was an unusual year for most sectors, since the easing of lockdown restrictions, it’s fair to say that COVID-19 has accelerated a change in the market’s approach. Both in the Midlands and across the country we’re seeing deal activity moving at such pace that we’re a long way ahead of where we were last year, with more deals in the pipeline than ever.
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A Kingswinford-based technology company has secured an HSBC UK-backed export facility to fund its plans for international growth.
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The proposed £1bn acquisition of Spire Healthcare by counterpart Ramsay is set to help the companies to "take advantage of the opportunity for sustained growth in the £5.8bn UK private hospital sector".
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Deepbridge Capital has secured a £15m commitment from British Business Investments to fund early-stage companies across the UK. The move comes on the back of a record year for the investment firm.
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Dr Koushik Das Sarma, programme facilitator for the Small Business Leadership Programme (SBLP) at the University of Derby, explores how business resilience feeds into business strategy, and draws on some of the questions and feedback he has heard from SME leaders currently on the programme.
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A new business group has been formed combining the strength of four road safety barrier firms.
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Phil Barton from Partners& says it’s a well-known fact in the insurance industry that our first exposure to buying insurance is our first car. At that time of life, insurance is expensive and we don’t have the money (or frankly, the inclination) to make a prudent choice about what insurance we put in place – and that’s when our relationship with insurance is forged. Too often, we’re programmed to always look for the cheapest deal.
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The go-ahead has been secured for proposals aiming to redevelop a site in Wolverhampton to provide hundreds of homes and new commercial space.
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Logistics business Pallet-Track has opened a new hub to provide additional capacity yards away from its original Black Country facility where it launched 17 years ago.
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Worcestershire estate agent Nicol & Co has helped to sell an entire development of new homes in Malvern.
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Contractor Henry Brothers has broken ground on a £4.4m nursery and forest school being built at a Staffordshire University site in Stoke-on-Trent.
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Hillview Real Estate has signed lease agreements totalling 23,000 sq ft at four buildings across the country.
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Katherine O'Donnell, GBSLEP growth hub account manager, has worked closely with many SMEs on the pilot of Peer Networks - a fully funded business growth programme for SMEs with more than five staff - with everyone she mentored having a "really positive experience". Growth Hubs across the West Midlands are now recruiting for round two of the programme and she is urging every ambitious business owner to grab the opportunity to join.
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Coventry-based autonomous vehicle specialist Aurrigo is set to start trials for its Auto-Shuttles in Cambridge as part of an Innovate UK-backed project.
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Member Exclusive News | The University of Wolverhampton's vice-chancellor has outlined his plans to retire from the role after ten years at the helm.
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Solihull-based Evac+Chair International has launched its first powered evacuation chair.
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Services & Guides | | | Find an adviser to help you buy, sell or invest in a business.
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| | The region's top places to hold events, conferences and meetings.
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| | The region's top hotels and accommodation.
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