Today's West Midlands business news from Insider |
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West Midlands
Insider News
Wednesday 2 March 2022

LATEST NEWS

TOP STORY

Aviva has agreed to acquire a wealth management firm, which has approximately 19,000 clients throughout the UK, in a deal valuing the company at £385m.
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INSIDER FEATURE

Grant Peggie, director Venture Capital Solutions, British Business Bank, says from local manufacturers to innovative tech start-ups, small businesses are the foundation of the Midlands’ economy and its future growth.
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DEALS

A £100m-turnover online gaming and technology retailer based in Staffordshire has been acquired by Tactus Group.
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Poundland has completed the acquisition of a fellow discount retail business in a bid to support the roll out of its pilot ecommerce operation.
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A provider of specialist healthcare equipment and services which employs more than 650 staff from nine UK locations has been snapped up.
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Wolseley UK has completed the acquisition of Bassetts, DHS, and Neville Lumb from Saint-Gobain.
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Burton on Trent-based Northbridge Industrial Services has completed the sale of its Tasman operations in Australia and New Zealand.
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INSIDER FEATURE

Insider’s roundtable found that data, transparency and funding were the key issues when it came to developers seeking to cut their carbon footprint. Also, more needs to be done to take advantage of the ‘green premium’ which comes from repurposing existing buildings to modern standards.
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PROPERTY

A stalled student accommodation development of almost 300 flats has been acquired out of administration.
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Plans to regenerate a historic Birmingham hotel are being backed by the West Midlands Combined Authority (WMCA).
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GMI Construction has been appointed by St Modwen to build a sustainable warehouse which has the potential to create 300 jobs.
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A Shrewsbury site has been earmarked for the construction of a 70-bed care home and new residential properties.
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Care provider Avatar Property Ltd has expanded its portfolio of facilities in the West Midlands after securing financial support from NatWest.
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LiveBuzz, which provides software and digital services for event organisers around the globe, has agreed a deal for new offices in Coventry.
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Two commercial units extending to approximately 45,000 sq ft on Wednesbury's GWS Trading Estate have been sold for £2m.
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BUSINESS

Senior figures from the recruitment sector have joined forces to launch a new business.
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Birmingham-based HIVE360 has been appointed as the first PAYE-compliant outsourced payroll provider an on-demand grocery delivery service.
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Sainsbury's has revealed plans to close 200 of its cafes, putting about 2,000 jobs at risk.
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MANUFACTURING

Pandemic-related supply shortage underpinned a drop in UK engine production during January, according to the latest figures.
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OTHER NEWS

MEMBER NEWS

A private investor has bought a Birmingham mixed-use property in a deal brokered by Bond Wolfe.
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Early childhood education and nursery provider Busy Bees has acquired its third nursery in the Channel Islands.
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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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