Friday 21 January 2022

The government has backed plans for the 30GWh Britishvolt Gigafactory in Blyth which is expected to create in excess of 3,000 jobs.
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Now may be the time to consider your next role, and securing a position in a private equity-backed business offers a great opportunity to participate in a life changing equity event. It is no surprise that these roles are sought after, but how do you seize an opportunity in this space? David Blair from BlairWest offers his advice.
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Global manufacturer Viessmann has completed a buyout of a Sunderland-based appliance repair group's home services division in partnership with its existing senior management team. The deal will result in a multimillion-pound investment in building a renewables-driven home services operation in the UK.
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Maven Capital Partners invested £10m in high growth businesses in the North East in 2021, creating and supporting 300 jobs.
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The founders of Nudge Education have plans to grow a second business in the sector after securing a five-figure investment from the North East Small Loan Fund, Supported by The European Regional Development Fund.
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BGF invested £41m in Yorkshire and the North East in 2021 and has pledged to increase its backing for businesses in the regions again in 2022.
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A company owned by the chief executive of Photo-Me International is eyeing a full takeover of the consumer vending equipment firm in a deal which values the business at about £284.5m.
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Plans have been revealed for a new food drink and leisure destination in Sunderland, which will breathe new life into the grade II-listed Stables at Sheepfolds.
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The sales and investment team at Newcastle-based estate agency Walton Robinson has completed two multimillion-pound investment deals.
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Plans for a full refurbishment and restoration of Yarm's historic town hall, which will be part funded by the Government's Levelling Up Fund, have been submitted.
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Global packaging company Amcor has revealed a $5m (£3.7m) strategic investment in to a Sedgefield-based flexible electronics provider.
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Sedgefield-based research and development company PolyPhotonix Limited has agreed a global deal with a US-based medical developer to lead the management of clinical trials which could help people with diabetes.
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A Northumberland-based environmental consultancy has plans to double its workforce and open a second office in the South East, following legislation which triggered a surge in demand for its services.
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Chartered accountants and business advisory firm Clive Owen has appointed a senior marketing executive.
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Revenue has surged and pre-tax losses have been cut at national retailer The Works during the first half of its financial year.
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Eurocell, a manufacturer of PVC window, roof and door products, is upbeat after reporting an increase in sales for its latest financial year.
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