Today's West Midlands business news from Insider |
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West Midlands
Tuesday 20 April 2021

Latest News

Top Story

“Economic uncertainty” hits turnover at construction equipment firm

Turnover has dropped at a construction equipment company in Redditch - which is part of a Japanese giant - as a result of "economic uncertainty" caused by Brexit negotiations and the start of the Covid-19 pandemic.
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Insider Feature
Feature 1

Business Matters: How university partnerships can unlock long-term business success

Helen Lau is associate director for Knowledge Exchange at Coventry University and has more than 15 years of commercial experience, including developing the role that universities play in helping SMEs to develop and grow. In this blog, Helen outlines why collaborative partnerships are important now more than ever for SMEs, whilst also showcasing the impact that Coventry University is already having for some areas of business.
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Deals

Slick Stitch snaps up school uniform supplier

Wolverhampton-based Slick Stitch has snapped up a school uniform supplier in its fourth acquisition in just over a year.
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Knights’ acquisition of Mundays LLP completes

The acquisition of Mundays LLP by listed law firm Knights has now completed.
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Orchard House Foods secures £21.73m lending facility

Juices and fruit-based desserts maker Orchard House Foods has secured a £21.73m asset-based lending facility from Secure Trust Bank Commercial Finance in a bid to support its growth plans.
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BFS outlines £300m Pandemic Recovery Fund plans

Bibby Financial Services (BFS) has outlined plans for a £300m Pandemic Recovery Fund to support SMEs as lockdown restrictions are lifted over the coming months.
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YFM backs buyout at property services compliance firm

YFM Equity Partners has invested to support the buyout of a fire and electrical compliance services provider that primarily works with the public sector.
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Ten acquisitions for estate agency group following merger

LDC-backed lettings and estate agency group Lomond has acquired ten businesses following the merger of Linley & Simpson and Lomond Capital earlier this year.
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Insider Feature
Feature 2

Roundtable: The New Manufacturer: How SMEs are Adopting Digital Technology

The pandemic has accelerated a growing trend within manufacturing to adopt digital technology and start adopting processes such as Industry 4.0, the Internet of Things and Big Data.
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Business

Revenue rises but profits dip at historic pharmaceuticals seller

Revenue has risen at a Coventry-headquartered pharmaceuticals wholesaler which can trace its roots back to the 19th century. However, pre-tax profits declined in a year when the market remained "highly competitive".
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ABF buoyant as Primark reopens

Associated British Foods (ABF) has hailed "exceptional delivery" in its food division and said it expects retail sales to be "strong" with the reopening of Primark in line with Covid-19 restrictions easing.
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Property

Tandem Group acquires new site with HSBC UK support

Birmingham-based Tandem Group, a designer, developer and distributor of sports, leisure and mobility products, has purchased more than three acres of land to increase its distribution capabilities with the support of a seven-figure commercial mortgage from HSBC UK.
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Plans in for 80 homes as part of wider scheme

Plans have been submitted for the development of 80 new homes as part of the Primrose Estate, Kings Norton project in Birmingham.
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Fit-out work starts at 10 Brindleyplace

Fit-out work has started at 10 Brindleyplace as part of a £38.8m office refurbishment scheme on behalf of CBRE Global Investors.
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MetroPM appointed to Birmingham apartment block

Estate management specialist MetroPM has been appointed to improve and look after an apartment block in a Birmingham suburb.
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Logicor strengthens multi-let industrial team

Logicor has expanded its UK multi-let industrial team with the appointment of two asset managers who will be based at the firm's Solihull office.
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Hotel and leisure contracts boost construction industry

A large increase in activity within the hotel and leisure helped contract awards in the construction industry return to above historical average levels for the first time since September, according to a new report.
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Manufacturing

LEVC expands into Poland

Coventry-headquartered electric vehicle manufacturer LEVC has revealed its entrance into the Polish commercial vehicle and taxi markets with the appointment of an exclusive dealer partner in the country.
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Other News

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Member Exclusive News

Purpose Media expands footprint

Purpose Media, a Derbyshire-based web development, creative and digital marketing agency, is expanding its geographic footprint into the West Midlands following its appointment to provide its services to Rivus Fleet Solutions.
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New non-executive director at Churchill China

Stoke-on-Trent-based ceramic products company Churchill China has appointed a new non-executive director.
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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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