Sales and profits rise at food giant

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West Midlands Wednesday 16 December 2020 Send a Story Subscribe Membership Advertise Contact Latest News Top Story Sales and profits rise at food giant Like-for-like sales and EBITDA rose at the parent company of Birmingham-headquartered 2 Sisters Food Group during its latest financial year, new figures have revealed. Read More… Insider Feature Business Matters: The power of peer-to-peer support and how Peer Networks can help SMEs thrive When it comes to talking through the challenges you face in business, working with like-minded business leaders can be an effective way to share knowledge and find solutions. Read More… Deals MBO for energy provider backed by near £40m boost A near £40m boost has been secured by a Birmingham-headquartered company that provides power to the National Grid to support its management buyout. Read More… Crowdfunding milestone reached by driverless vehicle tech firm A Birmingham company which is developing driverless vehicle technology has reached a crowdfunding milestone. Read More… Waste Source snapped up by Reconomy Waste Source, a waste broker providing waste collection, recycling and disposal services to businesses, has been acquired by Reconomy, a provider of outsourced resource management and environmental services. Read More… LV= to be acquired in £530m deal Savings, retirement and protection group LV= is set to be acquired by global private equity firm Bain Capital in a £530m deal. Read More… Springboard reveals role in £72m deal Springboard Corporate Finance has revealed its role in a deal which saw housing and social care provider Mears agree the conditional sale of a Birmingham-based provider a range of land and planning services to a wide range of customers, notably the National Planning Portal. The deal, which was announced in November, is worth up to £72m. Read More… Oakman turns to customers for post-pandemic funding support Pubco Oakman Group, which owns and operates 27 pubs in and around market towns in Southern England and the West Midlands, is selling shares in a bid to raise £4.5m to support acquisitions and help it recover from the impact of Covid-19. Read More… Insider Feature Business Matters: Not just an isolated success – how to lead a business from surviving to thriving in a pandemic Dr Koushik Das Sarma, programme facilitator for the Small Business Leadership Programme at the University of Derby, explores how SME leaders are coping with the effects of the virus on business and the vital support needed to help them get ahead of Covid-19 and ahead of the curve. Read More… Business Results rise for specialist food and drink logistics group Revenue and pre-tax profits increased at a Shropshire-headquartered specialist food and drink logistics provider during its latest financial year. Read More… Law firm appoints new partner A Leamington Spa-based law firm has expanded its specialist tax team with a major appointment. Read More… Wickes and Toolstation to hand back £50m Wickes and Toolstation are to return about £50m in furlough money to the government, owner Travis Perkins has confirmed. Read More… FRP grows first half revenue and profit FRP Advisory Group has grown revenues and profits in the first half of its financial year. Read More… Property director makes director promotion Property developer HBD has made a senior promotion within its Birmingham team. Read More… Bounce Back Loan Scheme criticised by Public Accounts Committee The the Bounce Back Loan Scheme (BBLS) has been criticised in a report from Parliament's Public Accounts Committee. Read More… Property Funding for £100m Jewellery Quarter scheme secured A funding agreement for a £100m residential scheme in Birmingham has been reached. Read More… Joint venture set for £1.9bn development A joint venture is set to be established to lead the £1.9bn Birmingham Smithfield development. Read More… Purplebricks shares surge after interim results revealed Shares in Solihull-headquartered online estate agency Purplebricks surged almost 20 per cent after it revealed it generated a pre-tax profit in the first half of its financial year, despite the impact of Covid-19 on the housing market. Read More… Occupiers sought for £140m business park’s first phase The first phase of a £140m business park in Stratford-upon-Avon, which could support up to 1,650 jobs when complete, is being marketing to potential occupiers. Read More… Vote set for affordable homes plans A vote is set to be held next week on plans to build 33 affordable homes on the site of a Ministry of Defence storage facility in Worcestershire. Read More… Transformation of 1930s cinema into flats completed The £5m transformation of Lichfield’s 1930s Regal Cinema into an apartment development has been completed. Read More… Manufacturing Revenue and profits to be ahead of expectations at building products maker Full-year revenue and pre-tax profits are set to be ahead of market expectations at building products maker Epwin Group. Read More… Manufacturer poised for growth after making investments A Coventry-based lightweighting specialist has said the investments it made in the past 12 months should lead to growth in the New Year. Read More… Other News NEW Midlands Top 500 Companies Database - contact thousands of the senior decision makers Member Exclusive News Worcestershire sign Morgan Motor Company deal Worcestershire County Cricket Club have agreed a new partnership with The Morgan Motor Company that will see the luxury car maker become their official main shirt sponsor. Read More… University agrees West Brom deal West Bromwich Albion Women and Girls have named the University of Wolverhampton as their headline sponsor for the 2020/21 season. 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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