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West Midlands
Insider News
Friday 22 April 2022

LATEST NEWS

TOP STORY

A Leamington Spa-headquartered developer and publisher of video games continued to grow its international presence during a financial year in which revenue and profits dipped due to "several factors". Despite this, the company said that it is "excited" about its long-term prospects.
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INSIDER FEATURE

As Aconveyancing opened the doors to its fourth office in March 2022, licenced conveyancer Natalie Moore talks about the importance of a client open-door policy.
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DEALS

A European private equity investor has signed an agreement to acquire Ascot Lloyd, an independent financial advice (IFA) firm with more than 500 staff across its 17 UK locations.
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Pharmacy chain Jhoots Group has secured an £8.23m funding package from HSBC UK to grow its digital services. The business will use technology to offer customers a faster and more efficient way of requesting and receiving prescriptions.
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The Little Food Company, an Oswestry-based supplier of frozen food, dry goods, cleaning and hygiene products to catering and hospitality outlets, has been acquired by a Greater Manchester family-run foodservice wholesaler.
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Green Angel Syndicate has secured a further £5m commitment from British Business Investments.
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Leisure entertainment company The Experience Department, popularly known as ted, has been acquired by a New York-headquartered provider of visitor attractions and experiences.
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PROPERTY

Hayfield Homes has commenced construction at its £30m EPC A-rated development in Worcestershire, which will bring forward 55 zero carbon homes.
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A six-figure funding package designed to help restore historic high street properties in Stoke town centre has been secured.
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SEGRO has enjoyed a "strong start" to the year, with the property group expressing confidence in its outlook for the remainder of 2022.
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BUSINESS

Meggitt has been buoyed by strengthening market conditions during its first quarter, although it noted that the recovery in civil aerospace "continues to be uneven". The group added that its proposed £6.3bn takeover by Parker-Hannifin Corporation is still expected to complete later this year.
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Ceramics maker Churchill China is enjoying "record levels of demand", following a year where revenues soared.
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A Warwick-based electronics manufacturing business has installed a new machine, the first of the model to be installed in the UK, after receiving grant funding.
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Turnover has grown to more than £300m in the 2021 financial results for PureGym Group, covering a year that included a £300m investment from private equity firm KKR.
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OTHER NEWS

MEMBER NEWS

A new group of aviation experts across industry and government has been set up to work together to make zero emission flight a reality.
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Birmingham-headquartered engineering company adi Group has been revealed as the headline sponsor for Harborne Jubilee Carnival 2022.
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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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