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North East Friday 11 February 2022

LATEST NEWS

TOP STORY Kitwave acquires food service supplier in £24.5m deal North Shields-based wholesale company Kitwave has acquired a food service supplier in a £24.5m deal. Read More

INSIDER FEATURE Ask the expert: What technology-based businesses should consider ahead of a transaction with a view to optimising valuation Lee Humble, associate partner corporate finance at MHA Tait Walker, looks at what technology-based businesses should consider ahead of a transaction with a view to optimising valuation. Read More

DEALS Actually Group strikes deal for holiday lodge manufacturer North East-based luxury holiday park and resort developer Actually Group has expanded with the acquisition of a lodge manufacturer. Read More Professional services group secures Exponent backing A group of business advisory and accountancy practices in more than 100 locations across the UK and Ireland has received a significant minority investment boost. Read More Zenobē secures up to £241m to aid EV growth plans EV fleet and battery storage specialist Zenobē Energy has established a multi-source debt structure of £241m to accelerate the expansion of the EV fleet sector. Read More

PROPERTY Inn Collection Group acquires Harrogate hotel An Edwardian hotel in the centre of Harrogate has been acquired by The Inn Collection Group. Read More Plans revealed to transform vacant hotel site Outline plans have been revealed to transform a vacant hotel in Middlesbrough into a mixed-use development with shops and residential apartments. Read More Go ahead for residential scheme Revised plans for a housing development near Yarm, comprising nearly 100 homes, have been given the go ahead. Read More

BUSINESS Profits rise at offshore services group A Newcastle-headquartered offshore services group has reported an increase in both turnover and pre-tax profits, boosted by high levels of operating activity across its sectors and a rise in rental income. Read More Quorn to explore decarbonised production at Billingham base Meat-free food manufacturer Quorn is collaborating with green energy company Protium, and its consortium partner Petrofac, to explore the deployment of green hydrogen technology at its Billingham plant. Read More Metrocentre launches employability programme Metrocentre has launched its new Jump Start programme which is designed to help upskill talent from across the region. Read More Haines Watts boosts corporate finance team Accountancy and business advisory firm Haines Watts is continuing to boost its corporate finance offering with a new appointment at its Newcastle office. Read More

MANUFACTURING Strong performance for Arla’s UK arm despite “tough year” The UK arm of dairy giant Arla has reported a strong financial performance despite ongoing disruption from the pandemic, labour shortages and renewed market volatility created by high inflation. Read More Liberty Steel stresses commitment to working with stakeholders Liberty Steel has said it is committed to working with stakeholders to create a sustainable future for the business, following reports that HM Revenue & Customs has issued a winding up petition against the company's speciality steel arm. Read More

OTHER NEWS UK-wide Top Companies Database - contact thousands of senior decision makers by email, telephone and post

UPCOMING EVENTS 24 Mar Insider Made in the North East Awards 2022 19 May Insider North East Property Awards 2022 29 Sep Insider North East Dealmakers Awards 2022

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

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