Deal for car parts maker saves 200 jobs

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West Midlands Thursday 14 January 2021 Send a Story Subscribe Membership Advertise Contact Latest News Top Story Deal for car parts maker saves 200 jobs A Coventry car parts manufacturer has been bought out of administration in a deal which is set to save about 200 jobs. Read More… Insider Feature Business Matters: Never let a good crisis go to waste These words are attributed to Winston Churchill as he shaped the post-war international system. In the aftermath of the greatest crisis since then, now is the time to reform a tax system that is unsuited to the demands of a 21st century economy, says Iain Wright, a partner at Claritas Tax. Read More… Deals Fruit business sold to private equity firm A Nasdaq-listed organic and natural products company has sold a fruit business to a Warwickshire-based private equity firm. Read More… Architects firm undergoes MBO The founder of an architects practice which has offices in Solihull has sold his shares as part of a management buyout. Read More… Deals rise at Clearwater International Global mid-market advisory firm Clearwater International, which has a BIrmingham office, completed 119 deals in 2020, a rise of 5 per cent. Read More… Morgan Stanley increases investment in Codemasters Morgan Stanley has increased its investment in Codemasters, one of the oldest names in Britain's video game industry, which is currently a target of a takeover attempt from Electronics Arts (EA) which submitted a bid valuing the listed company at £945m. Read More… Historic paint specialist merges with sister company A historic paint and coatings business is set to merge with a sister company in the West Midlands. Read More… Business Autocentres accelerate Halfords sales Sales at Redditch-headquartered Halfords jumped during its latest financial quarter, driven by significant growth in its Autocentres division. Read More… New partner joins PwC in Birmingham A new partner has joined PwC's Birmingham office. Read More… Debenhams store closures hit 320 jobs More than 300 jobs are set to be lost after Debenhams announced plans to keep a number of its stores permanently closed, including its Worcester site. Read More… Former JLR and JCB director takes on new role A former senior director at Jaguar Land Rover and JCB has joined a technology giant in Warwick which counts Airbus, BT and Stagecoach among its clients Read More… Dunelm’s half-year sales and profits surge Dunelm's sales during the first half of its financial year surged by more than £130m, according to new figures. Its profits also jumped by almost £30m over the same period. Read More… Asda to launch in-store vaccination centre Asda is set to launch its first in-store Covid-19 vaccination centre in Birmingham. Read More… Card Factory warns of full-year loss following Covid-19 closures High street gift card retailer Card Factory has warned it is set to report a loss of about £10m in its full-year results following long periods of stores closure due to Covid-19. Read More… Property Work starts on £93m Edgbaston transformation scheme Work has started on a £93m project to build 375 apartments on land next to Birmingham's Edgbaston Stadium. Read More… Building contractor to return turnover to optimum level Turnover is expected to drop back below the £100m mark at a Warwick building contractor, which has worked with the likes of Audi, BMW and Jaguar Land Rover, in 2020 following a change to its business plan. Read More… Major JLR site acquired A major Jaguar Land Rover site has been acquired by a joint venture. Read More… Manufacturing Portmeirion eyes market-beating results Stoke-on-Trent-headquartered listed homewares maker Portmeirion has upped its forecasts for its latest financial year. Read More… “Satisfactory” results for engineering company A Redditch-based engineering company has said the results for its latest financial year are "satisfactory" after the period was hit by Brexit concerns and the Covid-19 pandemic. Read More… Other News NEW Midlands Top 500 Companies Database - contact thousands of the senior decision makers Member Exclusive News Wolves continue partnership with local company Wolverhampton Wanderers have continued their partnership with a local building contractor. Read More… Senior hire for historic law firm A Walsall-headquartered law firm, which was founded 136 years ago, has appointed a new practice director. Read More… Services & Guides Corporate Finance Directory Find an adviser to help you buy, sell or invest in a business. Read More… Best Places to Meet The region's top places to hold events, conferences and meetings. Read More… Best Places to Stay The region's top hotels and accommodation. Read More… Send a Story Subscribe Membership Advertise Contact

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