Today's West Midlands business news from Insider |
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West Midlands
Wednesday 6 January 2021

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Sales jump further past £200m at pharmaceutical wholesaler

Turnover jumped further past the £200m mark at a Worcestershire-based pharmaceutical wholesaler, which is one of the largest of its kind in the UK, during its most recent financial year.
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Insider Feature
Feature 1

Business Matters: Seven tips for leading digital transformation if you don’t have an IT background

Research has found that despite seeing the need for digital transformation, there is a lack of confidence among executives when it comes to leading digital transformation projects. Karin Simonsen from Vistage explains.
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Deals

Student accommodation provider secures £22m boost

A Coventry-headquartered student accommodation provider has agreed a £22m refinance package.
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Wealth management firm eyes Midlands deals

Companies across the Midlands operating in the wealth management sector are being targeted by Advanta Solutions after the business secured investment from Beech Tree Tree Private Equity.
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New York hedge fund invests in Aston Martin

A New York-based hedge fund has invested in Warwickshire-headquartered luxury car maker Aston Martin.
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Insurance broker acquired

An insurance broker, which is headquartered in Birmingham, has been snapped up.
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Businessman completes Birmingham City deal

A Chinese-born Cambodian businessman has completed the purchase of a 25 per cent stake in Birmingham City FC for £5.4m.
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Shakespeare Martineau supports international merger

The Birmingham office of law firm Shakespeare Martineau has supported the merger of a medical equipment businesses with an Australian medtech and engineering company.
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Business

Profits rise at civil engineering specialist

Pre-tax profits increased at a Warwickshire-based civil engineering specialist during its most recent financial year.
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Extra support called for despite additional lockdown funding

Calls have been made for further support after an additional £4.6bn of UK Government funding was made available for businesses during the new lockdown.
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Chamber CEO to step down

The chief executive of Greater Birmingham Chambers of Commerce is to step down to take up a new role with the group of businesses owned by the Richardson family.
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New Birmingham head for Currie & Brown

Asset management and construction consultancy Currie & Brown has appointed a new director and head of its Birmingham office.
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Paperchase on the brink of administration

Stationery and greetings card retailer Paperchase is on the brink of entering administration after Covid-19 restrictions put "unbearable strain on the business".
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New chairman for building society

A new chairman has been named by building society The West Bromwich Building Society.
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Homeware and storage group returns to the black

A Birmingham-headquartered homeware and storage group returned to making a pre-tax profit during its most recent financial year.
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Property

Record turnover achieved by building contractor

A Shropshire-based building contractor has posted a record turnover of almost £30m for its most recent financial year.
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Go-ahead tipped for more than 200 homes

Proposals to construct more than 200 at a site in Warwickshire have been recommended for approval.
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Developer remains in the black despite Covid challenges

A Birmingham-based developer continued to trade profitably during 2020 despite the impact of Covid-19, new documents have confirmed.
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Homes planned for old medical facility site

An application has been submitted to build 30 new homes on the site of a former medical facility in Birmingham.
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Manufacturing

“Volatility” leads to Queen’s Award winner falling to pre-tax loss

"Volatility" in the mix of customer demand led to a Queen's Award-winning historic Birmingham manufacturer posting a pre-tax loss for its most recent financial year.
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UK arm of major steel manufacturer hails results

The Oldbury-based UK arm of one of the largest steel manufacturers in the world has hailed its latest financial year as a success.
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New MD for historic bathroom maker

A new managing director has taken over at Birmingham-based bathroom maker Samuel Heath & Sons.
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Losses widened at food group ahead of acquisition

Pre-tax losses widened at savoury pastry producer Addo Food Group in the year before it was acquired by a new private equity backer.
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Profits nudge up at WD-40’s European arm

Pre-tax profits have edged up at the UK-based European arm of specialist lubricants brand WD-40 Company.
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Other News

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

Member Exclusive News

Pears sign new commercial agreement

Worcestershire CCC have signed a new commercial agreement with A-Plan Insurance.
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New base for minibus and coach hire company

A minibus and coach hire company has sealed a £240,000 deal for a new base.
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Services & Guides

Corporate Finance Directory

Corporate Finance Directory

Find an adviser to help you buy, sell or invest in a business.
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Best Places to Meet

Best Places to Meet

The region's top places to hold events, conferences and meetings.
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Best Places to Stay

Best Places to Stay

The region's top hotels and accommodation.
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