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North West
Insider News
Tuesday 3 May 2022

LATEST NEWS

TOP STORY

Revenues and profits have soared at North West textiles and flooring manufacturer Milliken Industrials, with directors expecting the strong performance to continue.
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INSIDER FEATURE

Parotec Solutions is a Bolton-based manufacturing company focused on designing and manufacturing case and foam solutions. In this blog, operations director James Betts explains why its latest products have been researched, developed and manufactured within a three mile radius of its base.
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DEALS

Palatine-backed Sunetra Global has acquired a US fund administration business in a key strategic move as the firm continues to grow and expand its international footprint into new global markets.
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Greater Manchester-based pecialist lender Together has ambitions to increase its loan book to more than £5bn during the next five years, its corporate managing director has revealed.
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A provider of design and construction services has been acquired in a £10m deal by facilities management giant Mitie Group.
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Ritchie Bros Auctioneers's planned acquisition of Euro Auctions group for an enterprise value of £775m has been terminated. The business said the decision follows the referral of the proposed deal to a phase two review by the Competition and Markets Authority.
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INSIDER FEATURE

Javed Huq, from GP Bullhound, last wrote a piece on the software sector in September 2021 when public markets were buoyant after a brief decline in Q2. There was continued optimism with respect to Covid-19, as the global vaccination programme was showing its efficacy and record amounts of private funding was flowing into software companies from what seemed like an endless pool of capital.
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PROPERTY

Images from the North West Residential Property Awards 2022 - which celebrated the people and businesses that have designed, developed, funded and continue to manage the built environment across the region - are available online.
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Colliers' North West industrial team has agreed a pre-let of a 120,815 sq ft distribution facility in Warrington from landlord Urban Logistics REIT and commercial developer Rula Developments.
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An environment consultancy has been appointed to implement a sustainability strategy for the £100m first phase of regeneration at the former Parkside Colliery. 
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National law firm Clarke Willmott LLP has added a new partner to its commercial property team in Manchester. 
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BUSINESS

Coffee and food chain Bob & Berts has opened its latest store in a Bury shopping centre, creating 35 jobs.
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Irwin Mitchell has announced two new partners, three senior associates and five associates within its Manchester office as part of this year's promotion round.
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Heineken UK has earmarked £5.5m for investment into North West pubs within its Star Pubs & Bars estate.
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DLA Piper has revealed a raft of promotions across the North West.
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Signage company DMA Signs, which has premises in Manchester, is set to close on its most profitable ever year following successive revenue growth over the past five years.
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Online meal prep business Fuel Hub is targeting revenues of £2m and an expansion of its product range after reporting a 300 per cent year-on-year growth in profits.
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Manchester-based PR and communications agency Refresh has been appointed by Immersify Education to boost brand awareness and support its expansion into the B2C market.
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MANUFACTURING

Revenues have dropped by more than 36 per cent at the maker of the Fisherman's Friend throat lozenge - but the manufacturer has reported an uptick in sales since the relaxing of Covid-19 restrictions. 
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A Greater Manchester manufacturer of life-size cardboard cut-outs of celebrities, Disney and Star Wars characters is anticipating "game-changing" growth after investing in trend analysis software and AI.
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UK commercial vehicle (CV) production grew by almost 60 per cent during the first quarter of 2022, according to the latest figures.
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OTHER NEWS

MEMBER NEWS

Manchester-based insurtech company Uinsure has appointed two new non-executive directors who have joined its board and leadership team.
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A digital marketing manager has joined Manchester-based hospitality recruitment agency Sixty Eight People.
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UPCOMING EVENTS

SERVICES & GUIDES

A comprehensive guide to investing in the region’s authorities, with facts, figures, statistics and key contacts.
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