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South West
Wednesday 2 September 2020

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‘East meets West’ to create 150-strong distribution firm

A Bristol-based business which supplies critical moving parts for industry and has ten depots located largely on the west side of the UK has acquired the industrial arm of the BRT Group, which is predominantly based in the east of the country, in a deal which will create a 150-strong distribution firm.
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Insider Feature
Feature 1

Business Matters: Enlighten your people with the power of commercial lighting

Marcela Pomphrey from 299 Lighting says lighting may be something we take for granted, but it has the power to affect our mood, our concentration, our performance. Think about any offices or places you've visited where the lighting was dull and poor. How did it make you feel? Unwelcome? Unstimulated? Unhappy?
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Deals

Secondary buyout at natural dog food firm

Devon-based natural dog food business Forthglade has secured investment from private equity group IK Investment Partners, which has acquired a majority stake in the business, alongside reinvestment from the company's senior management team.
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Funding to support international growth at fireplace firm

A Dorset-based company which has designed, engineered and tested a new electric fireplace has secured a finance package from HSBC UK to help it export the product into international markets for the first time.
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Wealth management and professional services merger completes

The merger of Tilney and Smith & Williamson has completed, creating a wealth management and professional services group with more than £47bn of assets under management.
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Business

RAC eyes continued growth as profits surge

Breakdown giant RAC "remains on track" to achieve its ninth consecutive year of growth after profits surged during the first half of its financial year.
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The Gym Group “well placed” despite slipping to a loss

The chief executive of The Gym Group has said that the business is "well placed" for the future despite slipping to pre-tax loss as a result of Covid-19, according to new interim results.
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Property

Milestone reached on hospital project

A milestone has been reached in a project to modernise critical care and assessment buildings and services at Musgrove Park Hospital in Taunton.
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Framework outlined to reduce nuclear plant construction costs

The nuclear industry has set out a framework to cut the cost of constructing new power stations in the UK, according to a new report from the Cost Reduction Working Group of the Nuclear Sector Deal.
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Profits almost halve as Covid hits housebuilding giant

Pre-tax profits almost halved during Barratt Developments' latest financial year because of the Covid-19 pandemic, new figures have revealed. The listed company's revenue also fell by nearly 30 per cent.
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Member Exclusive News

Staycation trend lifts hotel group

A surge of staycation bookings has boosted a UK hotel group as its sites re-opened their doors following the easing of Covid-19 lockdown restrictions.
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Cambria “well-prepared” despite challenges

Cambria Automobiles has said it is "well prepared for the challenges and opportunities ahead" after handling "the most difficult trading period in its history in a robust and positive manner".
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