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North East
Insider News
Friday 11 February 2022

LATEST NEWS

 

TOP STORY

North Shields-based wholesale company Kitwave has acquired a food service supplier in a £24.5m deal.
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INSIDER FEATURE

Lee Humble, associate partner corporate finance at MHA Tait Walker, looks at what technology-based businesses should consider ahead of a transaction with a view to optimising valuation.
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DEALS

North East-based luxury holiday park and resort developer Actually Group has expanded with the acquisition of a lodge manufacturer.
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A group of business advisory and accountancy practices in more than 100 locations across the UK and Ireland has received a significant minority investment boost.
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EV fleet and battery storage specialist Zenobē Energy has established a multi-source debt structure of £241m to accelerate the expansion of the EV fleet sector.
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PROPERTY

An Edwardian hotel in the centre of Harrogate has been acquired by The Inn Collection Group.
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Outline plans have been revealed to transform a vacant hotel in Middlesbrough into a mixed-use development with shops and residential apartments.
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Revised plans for a housing development near Yarm, comprising nearly 100 homes, have been given the go ahead.
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BUSINESS

A Newcastle-headquartered offshore services group has reported an increase in both turnover and pre-tax profits, boosted by high levels of operating activity across its sectors and a rise in rental income.
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Meat-free food manufacturer Quorn is collaborating with green energy company Protium, and its consortium partner Petrofac, to explore the deployment of green hydrogen technology at its Billingham plant.
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Metrocentre has launched its new Jump Start programme which is designed to help upskill talent from across the region.
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Accountancy and business advisory firm Haines Watts is continuing to boost its corporate finance offering with a new appointment at its Newcastle office. 
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MANUFACTURING

The UK arm of dairy giant Arla has reported a strong financial performance despite ongoing disruption from the pandemic, labour shortages and renewed market volatility created by high inflation.
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Liberty Steel has said it is committed to working with stakeholders to create a sustainable future for the business, following reports that HM Revenue & Customs has issued a winding up petition against the company's speciality steel arm.
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OTHER NEWS

 

UPCOMING EVENTS

 

SERVICES & GUIDES

 

Find an adviser to help you buy, sell or invest in a business.
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The region's top places to hold events, conferences and meetings.
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