Lancashire firm opens bottling plant + MORE

Chesnara profits up to £30.4m

– thebusinessdesk.com

FINANCIAL services group Chesnara has reported an 11% rise in pre-tax profits to £30.4m for the six months to June 30 (HY 2014: £27.4m). That figure was helped by the acquisition of  Waard Group wh…

Continue Reading On thebusinessdesk.com »

THE shirt sponsor of League One football club Blackpool has admitted it made a mistake backing the troubled Bloomfield Road side.After meeting with disgruntled supporters groups Tangerine Knights and …

Continue Reading On thebusinessdesk.com »

A PUBLIC exhibition will show off reworked plans for the regeneration of the site at the corner of Princess Street and Whitworth Street in Manchester city centre.Urban&Civic purchased the one-acre sit…

Continue Reading On thebusinessdesk.com »

GAPS in the funding ladder could be preventing medium-sized businesses (MSBs) in the North West from realising their growth ambitions, according to a new report by the CBI and accountancy and business…

Continue Reading On thebusinessdesk.com »

Lancashire firm opens bottling plant

– thebusinessdesk.com

MORROW Brothers, a specialist in brewery container repair and refurbishment, has opened a new bottling plant following a £355k funding deal.The Morrow Brothers Packaging plant in Buckshaw Village, bet…

Continue Reading On thebusinessdesk.com »

Newspaper print sales plunge but digital traffic soars + MORE

THE decline in print sales for the North West’s regional newspapers has continued, but the losses have been mitiaged by web traffic growth.ABC figures for the first-half of 2015 reveal the only newsp…

Continue Reading On thebusinessdesk.com »

A CHANGE in structure and operational direction has seen turnover at digital marketing agency theEword increase by 37% to £2.2m.The agency has made a number of changes in 2015 – bringing a dedicated m…

Continue Reading On thebusinessdesk.com »

ROWSLEY, a publicly-listed real estate company based in Singapore, has invested in a £200m landmark property project in central Manchester with former Manchester United football stars Gary Neville and…

Continue Reading On thebusinessdesk.com »

DLA Piper swoops for top team

– thebusinessdesk.com

GLOBAL law firm DLA Piper has appointed David Moss, Paul Giles and Nigel Proctor as partners and a consultant, respectively, into its Manchester office.They will join the firm from Eversheds at a date…

Continue Reading On thebusinessdesk.com »

ISG wins £59m London office scheme

– thebusinessdesk.com

SALFORD-based fitout company ISG has secured a £59m project to carry out an office refurbishment, opposite the criminal courts in London’s Old Bailey, for Blackstone. The scheme adds to ISG&rsqu…

Continue Reading On thebusinessdesk.com »

Morgan Sindall lands 'super-sewer' contract + MORE

PRESTON-based BAKO North Western has bought sister company BAKO Northern and Scotland in a deal that will see the company’s turnover increase to more than £100m.The deal, for an undisclosed sum, was …

Continue Reading On thebusinessdesk.com »

OLDHAM Council is launching the search for a partner to deliver a ‘gamechanger’ £100m town centre regeneration scheme  – and set up a new Greater Manchester investment vehicle.  The …

Continue Reading On thebusinessdesk.com »

Zurich increases takeover bid for RSA

– thebusinessdesk.com

RSA Insurance Group has received a takeover offer from Swiss rival Zurich, valuing the business at around £5.5bn.RSA, one of the UK’s largest commercial insurers, owns the Liverpool-based More T…

Continue Reading On thebusinessdesk.com »

CONSTRUCTION firm Morgan Sindall – parent company of Muse Developments, which has offices in Salford – has been appointed to deliver the western section of Thames Tideway Tunnel, known as the ‘s…

Continue Reading On thebusinessdesk.com »

TV CHEF Gino D’Acampo has teamed up with Individual Restaurants founder Steven Walker to launch casual dining restaurant brand Gino D’Acampo – My Restaurant.Gino has invested in Individual…

Continue Reading On thebusinessdesk.com »

Deloitte revenue up to £2.71bn + MORE

Deloitte revenue up to £2.71bn

– thebusinessdesk.com

BIG four accountancy firm Deloitte has reported strong revenue growth and an increase in profit.Revenue was up by 6.4% to £2.71bn for the year ended May 31 (2014: £2.55bn), while profit increased by 7…

Continue Reading On thebusinessdesk.com »

PETER Hargreaves, of investment adviser Hargreaves Lansdowne and Jim Ratcliffe of petrochemicals giant Inoes will both be speaking at Manchster Business School in September.In conversation with Domini…

Continue Reading On thebusinessdesk.com »

MANCHESTER’s largest private hire taxi firm Street Cars has invested in new headquarters five times larger than its previous home after agreeing an £840,000 funding deal with Lloyds Bank Commercial B…

Continue Reading On thebusinessdesk.com »

RETAIL moguls Lord Rose and Terry Green have made a combined multi-million pound investment into Cheshire-based Select Property Group, a global developer, retailer and operator of investment property …

Continue Reading On thebusinessdesk.com »

THE launch of Adidas and Manchester United’s new 10 year partnership deal is the most successful ever, according to the two Manchester brands. A record breaking first day and first week launch at the…

Continue Reading On thebusinessdesk.com »

Document scanning firm bought for £1m + MORE

THE Peel Group has announced a long-term agreement with Liverpool John Lennon Airport’s lenders that will secure its future.The deal underpins a major investment programme in LJLA over the next …

Continue Reading On thebusinessdesk.com »

LEIGH-based Crimson UK, a document scanning business, has been acquired by AIM-listed Restore for £1m cash.Restore, a £68m turnover support services company based in London, said further payments of u…

Continue Reading On thebusinessdesk.com »

EnServe up for grabs for £50m

– thebusinessdesk.com

REMAINING assets of Macclesfield-based outsourcer EnServe have been put up for auction with a guide price of £50m.The sell-off comes five years after the company was acquired by buyout specialist Cinv…

Continue Reading On thebusinessdesk.com »

MANCHESTER-based Concept Life Sciences, a scientific laboratory and consultancy group has acquired CXR Biosciences for an undisclosed sum.This marks its fourth acquisition since the company was formed…

Continue Reading On thebusinessdesk.com »

BLACKBURN-based Vital Energi, a renewable energy consultancy backed by FTSE 100 giant SSE, could be sold later this year.The company has hired advisers at EY to find a buyer, according to The Sunday T…

Continue Reading On thebusinessdesk.com »

Equistone backs Wealth at Work in £50m buyout + MORE

INDUSTRY is welcoming the Government’s scheduled announcement today over the fast-tracking of fracking planning applications.The announcement to be delivered by energy minister Greg Baker will decree…

Continue Reading On thebusinessdesk.com »

A FORMER director of advisory firm TailorMade Independent has been banned from senior positions in financial services and fined £165,900 by the Financial Conduct Authority.The FCA found Rober Shaw fai…

Continue Reading On thebusinessdesk.com »

EQUISTONE Partners Europe has completed the £50m management buyout of financial services company Wealth at Work from Palatine Private Equity. Liverpool-based Wealth at Work offers financial education,…

Continue Reading On thebusinessdesk.com »

INTERACTIVE classroom technology provider Promethean World has reported a fall in gross profit to £14.7m in its trading report for the first six months of the year ending June 30.That figure was down …

Continue Reading On thebusinessdesk.com »

APPRENTICESHIP provider W Academy & Education has expanded into Manchester city centre.The Sheffield-based business established in 2012 delivers training courses across areas including customer servic…

Continue Reading On thebusinessdesk.com »

City on track with South Korean tyre firm + MORE

CHESHIRE East Council Leader Michael Jones has hit out at the owners of the wood flour mill over the handling of the disaster and is pledging continued support for those employees who are facing redun…

Continue Reading On thebusinessdesk.com »

RAIL regulators have approved an application for a new direct passenger service between Blackpool and London.The application to operate six return train services each day, including weekends, was subm…

Continue Reading On thebusinessdesk.com »

ADMINISTRATORS have been appointed to a skills, training  and employment charity.BoltonWISE Limited, which traded as Mojo Trust and helped more than 16,000 people last year, has appointed Cowgill Holl…

Continue Reading On thebusinessdesk.com »

MANCHESTER City has announced a global partnership with South Korea-based Nexen Tire, the tyre and tubing brand.Financial terms of the deal were not disclosed, but City said Nexen Tire would be one of…

Continue Reading On thebusinessdesk.com »

Arndale House now fully let

– thebusinessdesk.com

THE last remaining office space at Arndale House in Manchester has been taken.M&G Real Estate and intu have confirmed CFS Management Services and CIS General Insurance, both wholly owned subsidiaries …

Continue Reading On thebusinessdesk.com »

Salford Quays office complex bought for £35m + MORE

John Lewis commits £4.5m to revamp

– thebusinessdesk.com

DEPARTMENT store group John Lewis is investing £4.5m into improving the fashion and beauty offering at its Liverpool store. A refurbishment, which will be completed in November, will see fashion and b…

Continue Reading On thebusinessdesk.com »

THE chief executive of AIM-listed, Manchester-based company Epistem has been axed after seven years at the helm.No explanation for his departure was provided in an stock market announcement, but a spo…

Continue Reading On thebusinessdesk.com »

City hailed as best for sport

– thebusinessdesk.com

THE North West is home to the best and worst location to be a sports fan, according to research.While Manchester was awarded the status as the UK’s Greatest Sporting City 2015, Blackpool was rat…

Continue Reading On thebusinessdesk.com »

CORDING Real Estate Group has acquired the freehold of The Achorage office complex in Salford Quays in a deal worth £35m.The Northern European real estate investment and asset management firm, has mad…

Continue Reading On thebusinessdesk.com »

CONSTRUCTION and regeneration group Morgan Sindall is reporting a 15% increase in revenue to £1.152bn in its half year results to June 30 (HY 2014: £998m).But the company, which owns urban regeneratio…

Continue Reading On thebusinessdesk.com »

Fairpoint buys another legal firm + MORE

Dubens returns with £39m Daisy deal

– thebusinessdesk.com

THE former chairman of Lancashire telecoms and IT firm Daisy Group has re-invested nearly £40m in the business through his AIM-listed Bermuda-based private equity fund.Investor and entrepreneur Peter …

Continue Reading On thebusinessdesk.com »

A HORTICULTURAL business with extensive operations in Cheshire has been acquired out of administration by a rival.William Sinclair Holdings, a Lincolnshrie-based company listed in AIM  which traces it…

Continue Reading On thebusinessdesk.com »

Dechra in Croatian move

– thebusinessdesk.com

DECHRA, the specialist animal veterinary pharmaceuticals and related products business, is buying a near two-thirds stake in an animal health products manufacturer in Croatia as part of a £36m deal.Th…

Continue Reading On thebusinessdesk.com »

Fairpoint buys another legal firm

– thebusinessdesk.com

LANCASHIRE-based professional services specialist Fairpoint Group has completed  the acquisition a consumer legal services support business for £9m.It has acquired the assets of Manchester-based Colem…

Continue Reading On thebusinessdesk.com »

JD Sports set to smash profit forecasts + MORE

LANCASHIRE-based energy procurement consultant Inspired Energy has completed the acquisition of Wholesale Power UK Ltd for an initial consideration of £2m.Kirkham company Inspired says the move furthe…

Continue Reading On thebusinessdesk.com »

Telecoms firm hit by £200,000 fine

– thebusinessdesk.com

GREATER Manchester-based telecoms company Unicom has been hit with £200,000 fine and could jeopardise its reported potential £300m flotation.The company headquartered in Northenden has been punished b…

Continue Reading On thebusinessdesk.com »

JD Sports, the sports, fashion and outdoor clothing, accessories and footwear retailer, has continued its purple patch of form.The Bury company says it is going to trump half-year profit forecasts, wh…

Continue Reading On thebusinessdesk.com »

CLEAN-tech industrial group Hydrodec is set to invest in opening the country’s first purpose-built oil re-refinery on the Wirral.  The London-based company which has operations in the US and Australi…

Continue Reading On thebusinessdesk.com »

TV money saving guru Martin Lewis has sold nine million shares in Moneysupermarket.com, netting £25.2m.Lewis, the founder of MoneySavingExpert sold his site to Chester-based Moneysupermarket.com for £…

Continue Reading On thebusinessdesk.com »