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West Midlands
Insider News
Wednesday 5 January 2022

LATEST NEWS

 

TOP STORY

Midven remains committed to supporting the best companies the region has to offer, an investment executive has told Insider, with the venture capital firm anticipating activity levels to increase "significantly" over the coming years.
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INSIDER FEATURE

The GRG Executive Search team explore issues including tackling unconscious bias, and the journey to unconscious competence.
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DEALS

Canada's PFN Group of Companies has divested its holdings in Coventry-based armour manufacturer and vehicle integrator NP Aerospace.
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Reconomy Group, a Telford-based provider of outsourced services to the circular economy, has expanded its UK waste processing capability with the acquisition of a Leicester recycling company.
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A battery technology specialist has been acquired by an international group in a £100m deal.
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A Redditch-based independent supplier to pharmacies across the UK has completed a £60m refinancing deal designed to help it reach growth targets in 2022 and beyond.
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International betting technology business Sportech has disposed of a lottery systems contract in a deal worth up to $14.5m.
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Miller Homes Group is set to be acquired by US private equity firm Apollo.
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PROPERTY

Proposals for a gigafactory at Coventry Airport have accelerated after being recommended for approval ahead of a planning committee meeting next week.  
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Consulting engineering firm Travis Baker has agreed a deal to expand its West Midlands office.
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An application has been submitted proposing the construction of almost 80 affordable homes on the site a former coach depot in Worcestershire.
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The demolition and redevelopment of a housing estate in Coventry is underway following the completion of a £1m investment by the West Midlands Combined Authority (WMCA).
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Plans for a listed bicycle distributor to expand its Birmingham footprint with a new development have gained planning permission.
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Proposals to redevelop the site of a former social club in Birmingham to make way for a 15-storey apartment building have been green lit.
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Delivery specialist DX has opened a pair of depots in the West Midlands and the South West.
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BUSINESS

The M&A market will rank highly in terms of investment priorities in 2022, according to a partner at BDO. However, he added that firms need to be mindful of the "ever-present" dangers of the Covid-19 pandemic.
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YFM Equity Partners has recruited a new investment director to strengthen the firm's support for businesses across the Midlands.
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Aldi has outlined plans to recruit more than 100 additional British suppliers in 2022.
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BAE Systems is set to hire almost 1,700 apprentices and graduates across the UK in 2022.
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The chief financial officer of Everyman is set to step down from the role.
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INSIDER FEATURE

We are experiencing a boom in M&A activity, particularly among SMEs. Valuations in key sectors are at all-time highs; there are more sources of funding available for deals than ever; the options for buyers, investors and sellers on structures are broad. Add to these the huge numbers of sellers and buyers active in the market, and there are near-perfect conditions for 2022 to be a great year for dealmaking.
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OTHER NEWS

 

MEMBER NEWS

 

The Institute of Directors (IoD) has launched a search for a new chair of its Coventry and Warwickshire branch.
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A contractor has completed the £496,000 transformation of a Wolverhampton school.
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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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The region's top hotels and accommodation.
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