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Yorkshire
Insider News
Thursday 9 September 2021

LATEST NEWS

 

TOP STORY

An increased all cash offer for Augean, which values the hazardous waste specialist at £356.9m, has been recommended to shareholders of the listed business.
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INSIDER FEATURE

Kiley Tan, managing director of Sheffield based international business consultancy, Mosaic International, provides an insight into the region and what opportunities are there for UK businesses to establish robust supply chains.
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DEALS

Musical instrument supplier Gear4music (Holdings) has exchanged contracts for the acquisition of an online retailer of home cinema and HiFi equipment. This comes as the company's UK revenue returned to growth during July and August.
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SHC Hire has completed the acquisition of tool and plant hire company Hartley Hire in a seven-figure deal. The deal was said to represent the first chapter in SHC's new buy-and-build growth strategy and sees the company increase its presence across the north of England.
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Compare the Market owner BGL Group is understood to be exploring a £700m sale of its insurance arm.
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INSIDER FEATURE

Craig Huntingdon from RTC North says recent analysis showed that while the 100 biggest global brands grew at nearly 6 per cent in 2020, the top 75 UK brands declined by 13 per cent. In the same week, Craig spent time with Sir Martin Sorrell who suggested that while he expected his worldwide agency to see growth in key markets such as the US, Middle East and Asia, he expected minimal growth from the UK and Europe. So what is going on and what can firms in the UK learn from this to help them grow in 2021?
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PROPERTY

Potter Space, which owns and operates five business parks across the UK, has begun work on a speculative 17,445 sq ft industrial unit on its Ripon site.
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Leeds-headquartered commercial developer Eshton, has pre-let a 6,000 sq ft unit at its Castleford site to Eurocell, a manufacturer, distributor and recycler of UPVC window, door, conservatory and roofline systems.
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BUSINESS

Interim pre-tax profit and exceptionals has fallen at Morrisons in results which the business said covered a robust period of trading set against a variety of challenges. The supermarket giant, which is currently the subject of a takeover battle, added that it expects industry-wide price inflation during the second half, driven by commodity price increases and freight inflation and the current shortage of HGV drivers.
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The Switalskis group has appointed Tim Halstead to director and chair of the management board at the law firm.
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Discount retailer B&M said it is performing "stronger than anticipated" in some areas in the first half of its latest financial year.
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OTHER NEWS

 

MEMBER NEWS

 

North Yorkshire-based business supply chain specialist CTS UK has appointed a marketing manager.
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A vintage clothing company has taken space in the former New Look store on York’s Parliament Street, following Grantside and North Star's recent acquisition of the building. 
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UPCOMING EVENTS

 

SERVICES & GUIDES

 

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