Friday 10 December 2021

The multi-franchise car dealership SG Petch has hailed its new Sunderland branch after posting accounts revealing growth in pre-tax profits and turnover.
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Lee Humble from MHA Tait Walker says as we rapidly head towards 2022, we in the deal community look back at what has been an incredibly busy period for mergers, acquisitions and capital raising. Deal volumes have generally been at record levels, with the combination of COVID-19, Brexit and tax changes (and particularly rumoured change) driving vendors toward objectives which may have previously remained a few years away.
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My Property Box has acquired a Newcastle estate agency in its seventh acquisition in three years.
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A Middlesbrough-based vinyl pressing company has raised £475,000 in equity investment as part of a seven-figure round.
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Newcastle-based LSL Property Services (LSL) has revealed that Pivotal Growth has completed its first acquisition.
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Beechbrook Capital has achieved a first close on its third UK SME focused fund, raising £120m, including the fund and separately managed account commitments.
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The Competition and Markets Authority (CMA) has closed its investigation into the £6.8bn takeover of Asda after a number of petrol stations were sold to address competition concerns.
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Following the autumn Budget and publication of the government's 'Business Rates Review - Final Report' it transpires that whilst there will be some changes to the way in which business rates are administered, the way in which business rates are calculated will remain the same. Read what Sanderson Weatherall's rating experts thought of the changes.
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Stephen Ayers, regional director- North East at razorblue, says over the last few years, cloud computing has exploded as work went virtual and businesses adapted to the pandemic by focusing on the delivery of digital services.
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Hybrid plans for a residential development in Stockton, which would involve bringing forward up to 600 homes, have taken a step forward.
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The new £18m Sunderland Fire Station Auditorium, which could attract up to 100,000 visitors a year, will open today, with local leaders hailing the impact it will have on the city.
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Esh Construction has been appointed to a £26m scheme which is set to create 185 homes in Amble.
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Revised plans for a Hartlepool housing development, part of a wider scheme to create 1,200 homes, look set for approval.
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Tees Valley Mayor Ben Houchen has welcomed news of Hitachi/Alstom JV's Government contract win and said it will "give the whole region a great boost."
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The chief financial officer of a Wynyard-based water retailer has been appointed to the national board of a new strategic panel for the industry.
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A Durham-based catering company has won a contract to supply the bars at six major festivals in 2022.
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Bus company Go North East has hired 11 new apprentices in a partnership with Gateshead College to expand its workforce.
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The chief executive of iconic shoe brand Dr Martens has hailed the company's performance for a first half in which it upped revenue and pre-tax profits.
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OTHER NEWS

UPCOMING EVENTS

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