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Porsche specialist secures purpose-built base

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Today's Thames Valley and The Solent business news from Insider |
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Thames Valley and The Solent

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Porsche specialist secures purpose-built base

A Porsche specialist has moved to a new workshop in Oxfordshire with support from Barclays with the company now planning to expand its workforce.
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Insider Feature

Ask the Expert: Exiting business owners

Many clients on the sale of a business will be looking to maximise the tax efficiency of the sale and the use of the proceeds but also how this could impact their wider family? Mike Moran of Fairstone explains futher.
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Deals

New owner for commercial lighting business

Luxonic Lighting, a designer and manufacturer of commercial lighting systems, has been acquired in a multimillion-pound deal.
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Luxury watch group confirms flotation plan

Watches of Switzerland Group has confirmed its intention to proceed with an initial public offering to support its growth strategy. The luxury watch retail business, which expects to float in early June, has operations across the UK and in the US.
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Acquisitive ClearCourse strikes Crafty Clicks deal

Crafty Clicks, a specialist data provider and address validation platform based in Maidenhead, has been snapped up by ClearCourse Partnership – its seventh acquisition since its foundation in 2018.
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Quorn Foods raises £123m

Quorn Foods has secured a £123m funding facility to refinance its existing debt and to fund the future growth of the business.
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Business

Osirium eyes growth in blue-chip customer base

The chief executive of Osirium Technologies has outlined his hopes for the year ahead and what the business is doing to take advantage of one of the fastest growing parts of the cybersecurity market.
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Southampton promotion at Lester Aldridge

South Coast law firm Lester Aldridge has made a partner promotion in its Southampton team.
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Morrisons agrees to suspend capacity at Ocado CFC

Morrisons has agreed to temporarily suspend its online capacity at an Ocado facility in south-east London following a fire at the online grocer's Andover customer fulfilment centre (CFC).
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SMS invests in product line

Ship repair and marine engineering specialist SMS Group has invested in its workboat team and product portfolio.
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The Works hails revenue surge

Revenue has surged at listed discount high street retailer The Works during its latest financial year.
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Property

Language school plans blocked

Plans to turn offices in Oxford into a language school have been refused.
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