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Central and East
Insider News
Wednesday 4 May 2022

LATEST NEWS

TOP STORY

M Group Services has expanded with the acquisition of OVO Energy's 100-strong revenue protection service business - its 16th deal since December 2016.
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INSIDER FEATURE

Simon Peacock, partner at Alantra, looks at five things sellers should avoid in M&A when the Covid tide goes out.
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DEALS

An ebike specialist has secured investment from backers including serial investor and experienced chairman Lord Mervyn Davies to develop its lean engineering practices in Hertfordshire. 
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Listed digital management specialist Restore has acquired a provider of physical data destruction services in a deal worth £9.4m.
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Markerstudy group has completed the purchase of BGL Insurance, in a deal that will create a partnership with more than six million customers.
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Law firm Fisher Jones Greenwood has completed its acquisition of Steed and Steed, a firm with offices in Sudbury and Braintree. The acquisition was supported by private equity firm the Blixt Group.
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The Competition and Markets Authority (CMA) has said it is minded to accept plans to sell 87 petrol stations to address competition concerns relating to Morrisons's acquisition by US private equity firm Clayton, Dubilier & Rice.
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PROPERTY

Brownfield developer, housebuilder and regeneration specialist Inland Homes has conditionally sold part of Wilton Park, Beaconsfield, to care home and retirement living operator Beechcroft Developments for £19.1m.
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Housebuilder The Hill Group has reported a strong financial year with record revenue of more than £750m and an increase in profits.
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Land promoter and developer Jaynic has entered into a land promotion agreement on 279-acres adjacent to the A11 at Barton Mills, Suffolk.
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BUSINESS

XPO Logistics, a provider of freight transportation services, has been awarded a multi-year contract renewal by Tesco to distribute fuel to the supermarket giant's consumer filling stations throughout the UK. XPO has been providing services to Tesco for more than 25 years.
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High street gift card retailer Card Factory has reported a return to profit in its full-year results, with a steady improvement in trading for its stores following the easing of lockdown restrictions.
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MANUFACTURING

UK engine production continued to be impacted by the global shortage of semiconductors during the first quarter of the financial year, according to the latest figures.
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Tobias Moers is to step down as chief executive of Aston Martin with a former Ferrari CEO set to take the helm at the luxury automotive business. In first quarter results, Aston Martin said it was well-placed to achieve good growth in 2022.
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UPCOMING EVENTS

SERVICES & GUIDES

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