Today's West Midlands business news from Insider |
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West Midlands
Friday 26 March 2021

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Alanto acquired by Canadian counterpart

Walsall-based rubber products manufacturer Alanto has been acquired by a Canadian counterpart in a deal that allows the business to "take the next step".
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Insider Feature
Feature 1

Ask the expert: After the Deal – What now?

Artorius Wealth’s Steve Brandreth provides insight into key considerations after extracting wealth from a business.
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Deals

Chamberlin raises £3.5m with placing

Walsall specialist castings and engineering group Chamberlin has revealed that it has raised approximately £3.5m through a placing.
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Tricorn Group secures additional £500k funding

Tricorn Group, an AIM-listed tube manipulation specialist, has secured an additional £500,000 of funding via the CBILS Invoice Finance Top Up Facility.
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Clearwater International advises LeMieux on LDC investment

Clearwater International has advised equestrian brand LeMieux on its minority investment from mid-market private equity firm LDC.
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Over £75bn of Covid loans provided through British Business Bank schemes

More than 1.63 million government-guaranteed loans worth a total £75.1bn have been provided to support businesses during the Covid-19 through British Business Bank schemes.
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Insider Feature
Feature 2

Business Matters: Investing in technological changes for tomorrow

Jim Dolan from KPMG says the past year has been incredibly challenging, but there is real comfort to be found in the way businesses in the Midlands have reacted. The Covid crisis has sparked a rapid transformation in technology, bringing forward investment and digital transformation that would have otherwise taken years to implement.
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Business

Restaurant supplier expects resilient set of results

A Rugby-based company which provides cooking oil filtration and fryer management services to restaurants has said that it expects to report a resilient set of results despite the pandemic's impact on the restaurant and leisure sectors.
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West Midlands firms encouraged to tap into skills fund

Distance learning expert Open Study College is encouraging eligible West Midlands businesses to apply for a grant of up to £18,000 for staff training to upskill and develop their workforce.
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Gallagher appointed by fire safety firm

Insurance brokerage, risk management and consulting firm Gallagher has been appointed by a Dudley-headquartered fire safety services provider to support the business as it targets further growth.
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Senior hire at 848 Group

848 Group, a Stafford-based IT provider, has appointed a new head of its project management office in a bid to enhance its existing strategic relationship between the business and sales.
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Santander to consolidate offices and close branches

Santander has outlined plans to close four UK offices as part of a move to consolidate into six main locations, with staff at the closed sites to be offered new dual location working arrangements. The bank is also closing 111 branches by the end of August in response to the ongoing shift by customers towards mobile and online banking.
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Insider Feature
Feature 3

Roundtable: Care Homes and Later Living

An ageing population means care homes and later living accommodation providers are more important than ever. But the sector needs to overcome a range of challenges to ensure it’s in the right shape to meet demand.
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Property

Major mixed-use application set for council backing

Proposals for a major mixed-use scheme intending to provide hundreds of homes and new leisure facilities in Dudley are set to be backed by the council.
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£13.3m awarded to support Priory House redevelopment

Paragon’s development finance division has provided a £13.3m development loan to Elevate Property Group to support the purchase and redevelopment of Priory House in Birmingham.
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Cervidae secures funding for major office scheme

Cervidae, an international real estate investment and development company, has secured funding to combine three buildings to provide new flexible office space in Birmingham’s central business district.
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Approval tipped for up to 109 homes

A proposed development of up to 109 homes in Solihull have been tipped for approval ahead of a planning committee meeting next week.
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Rugby warehouse brought to market

Logicor has brought a warehouse located on a Rugby trading estate to market, appointing Drake Commercial, M1 Agency and White Rose Property as letting agents.
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Planting work starts for new urban park

Work has commenced on a major investment in planting to create a new urban park in Coventry.
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Manufacturing

SES Engineering Services targets new business with fresh appointment

SES Engineering Services has strengthened its team with the appointment of a regional bid manager as the firm looks to extend its reach in the Midlands and South West.  
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Other News

NEW 2021 Midlands Top 500 Companies Database - contact thousands of the senior decision makers

Member Exclusive News

National Grid chairman to step down in May

The chair of National Grid has confirmed that he will step down from the end of May.
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Coventry College strikes partnership with leisure operator

Coventry College has struck a long-term agreement with a leisure operator to move some of its sporting and public services provision to a centre in the city.
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Services & Guides

Corporate Finance Directory

Corporate Finance Directory

Find an adviser to help you buy, sell or invest in a business.
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Best Places to Meet

Best Places to Meet

The region's top places to hold events, conferences and meetings.
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Best Places to Stay

Best Places to Stay

The region's top hotels and accommodation.
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