Today's East Midlands business news from Insider |
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East Midlands
Thursday 8 July 2021

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MBO at Nottinghamshire manufacturer

An automotive parts manufacturer in Nottinghamshire has completed a management buyout 18 months after the appointment of a new managing director.
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Insider Feature
Feature 1

Business Matters: People and businesses do need certainty in these uncertain times

Sam Hart, associate partner and head of private client tax at Claritas Tax, looks at how people and businesses will need certainty in these uncertain times.
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Deals

Waste management firm completes MBO

A Burton-on-Trent-headquartered waste management company has completed a management buyout thanks to a £1m long-term unsecured loan from SME credit fintech Caple.
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Automotive repair and refinishing products firm sold for £428m

Mid-market private equity firm Graphite Capital has agreed to sell a Wellingborough-headquartered manufacturer and distributor of automotive repair and refinishing products to a US company for £428m.
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Smith Cooper advises on communications specialist acquisition

The corporate finance division of Derby-headquartered firm Smith Cooper has advised on the acquisition of a critical communications and security systems business by a Germany-listed private equity firm from Panasonic.
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Management teams showing “increasing appetite and ambition for growth”

LDC, the private equity arm of Lloyds Banking Group, provided £180m of investment to back eight new management teams and to support its portfolio companies in the first half of 2021. The firm said the investments demonstrated an "increasing appetite and ambition for growth" among the management teams of UK mid-market businesses.
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Insider Feature
Feature 2

Roundtable: Dealmaking - outlook and opportunities after lockdown

In a roundtable Insider brought together award-winning experts in Dealmaking to look at how M&A is set to develop over the next year, and how they need to position themselves to take full advantage.
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Business

Luxury retailer outlines long term plan after year of growth

Luxury retailer Watches of Switzerland Group has revealed its long term plan after a year of "strong growth" when the company upped its revenue and pre-tax profits.
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Making the right choices on digital transformation - panel

Digital is transforming commerce - but how do you ensure your organisation makes the right decisions when it comes to riding this wave of technological change? Insider is drawing together a panel of experts to help you make the right choices.
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Yü Group eyes further progress

The chief executive of Nottingham-headquartered listed utilities supplier Yü Group has said the company is on track to make further progress after a strong start to the year.
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MAG eyes recovery after pandemic-hit year

The impact of the pandemic on Manchester Airports Group's (MAG's) financial performance has been laid bare, with revenues plummeting during what chairman Sir Adrian Montague called the "toughest year in the history of aviation". However, chief executive Charlie Cornish believes the business, which is behind East Midlands Airport, is "particularly well-placed to recover quickly when conditions allow".
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Reward Finance Group launches Midlands presence

Alternative finance provider Reward Finance Group has launched its presence in the Midlands with the appointment of a new business development director.
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Raft of Midlands promotions at PwC

PwC has made a raft of promotions across the Midlands, including at partner level.
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Record growth for permanent placements – report

Permanent staff appointments grew at a record rate in the Midlands during June, according to new research from KPMG and REC.
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Jet2 slips to £370m loss following Covid-19 impact

Jet2 has reported a loss of more than £370m in its full-year results after Covid-19 international travel restrictions led to the grounding of its aircraft for more than half the year.
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Property

Green light tipped for Lincoln retail scheme

Plans for a retail development in Lincoln expected to create approximately 100 jobs have been recommended for the go-ahead.
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More than 60 Lincolnshire homes secure council backing

The proposed construction of more than 60 homes on agricultural land in Lincolnshire has been backed by the council.
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Strong start for Persimmon as sales return to 2019 levels

Listed housebuilding giant Persimmon has reported a strong opening to its financial year with sales returning to 2019 levels.
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Other News

2021 Midlands Top 500 Companies Database - contact thousands of the senior decision makers

NEW 2021 Midlands Top 300 SME companies data - contact top decision makers

Member Exclusive News

Fresh appointment at Monkey vs Owl

Lettings company Monkey vs Owl has appointed a residential lettings manager to drive forward its service expansion.
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