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North East
Thursday 3 September 2020

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Komatsu UK with “expected” dip in turnover

Hydraulic excavator manufacturer Komatsu UK has reported an "expected" reduction in turnover after experiencing growth in its 2018 results. The company's managing director also touched on the challenges faced as a result of Covid-19.
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Insider Feature
Feature 1

Ask the expert: management buyouts - is now the time?

Lee Humble, associate partner at MHA Tait Walker, looks at the emergence of management buyouts in the M&A market.
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Deals

Mill Masters acquired in MBO

Newton Aycliffe-based Mill Masters International has been acquired through a management buyout (MBO), with Natwest supporting the transaction.
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Vixen Surface Treatments sustains growth plans with grant support

Thornton-based Vixen Surface Treatments has sustained its plans for growth thanks to grant support throughout the Covid-19 crisis.
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Gale and Phillipson grows with acquisition

Financial planning and wealth management firm Gale and Phillipson has made an acquisition in support of its target of growing funds under management to £2bn.
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The Hut Group set for £4.5bn float

The Hut Group has confirmed its intention to undertake one of the biggest floats of 2020, in a move valuing the business at about £4.5bn.
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Business

Teesside Airport installs new equipment ahead of £1m security upgrade

Teesside International Airport has installed new scanners ahead of a £1m renovation of its security area.
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Accountancy and advisory group unveils rebrand

The group behind a host of accounting, advisory and businesses services firms is set to rebrand.
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Cyber security firm eyes further growth

A Seaham-based cyber security firm has reported a surge in revenue during the 2020 financial year and is now looking to expand its team.
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Property

Green Energy Advice Bureau eyes recruitment after office acquisition

The Green Energy Advice Bureau is eyeing further recruitment after acquiring a new office space in Newcastle.
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Discount food store on former NHS flats secures approval

Proposals for a job-creating discount food store on the site of former NHS flats in North Shields have been given the seal of approval.
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Northumberland Pub Co expands portfolio

North East hospitality group Northumberland Pub Co has expanded its portfolio through the acquisition of a restaurant with rooms. The company has also complete a more than £70,000 revamp of the site.
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Manufacturing

Soft drink firm to invest in PE-backed canning facility

A soft drinks manufacturer has revealed plans to invest in a new canning facility at its Sunderland headquarters with the support of private equity backing.
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