Wednesday, July 28, 2021

West Yorkshire welcomes multi million pound funding for innovation

Yesterday, Business Secretary, Kwasi Kwarteng, announced the Government’s new Innovation Strategy at the Advanced Manufacturing Research Centre in Sheffield which includes £22.6m in funding for the Advanced Machinery and Productivity Institute (AMPI). The new joint scheme is...

Spalding plant, flowers and herb supplier blossoms with £29m investment to...

Bridge Farm Group, the producers of ornamental plants, flowers and herbs, has secured £29m of debt finance from specialist lenders Shawbrook Bank and Tosca...

Northern Powergrid investing £234.5m to benefit North East, Yorkshire and North...

Northern Powergrid is investing £234.5 million in data and digitalisation initiatives from 2023 to 2028, benefiting customers across the North East, Yorkshire and northern...

Quickline acquires majority stake in West Yorks counterpart

Quickline, a Yorkshire-based provider of broadband to rural and hard-to-reach areas, has signed an agreement to acquire a majority share in Boundless Networks. This new...

Yorkshire dealmakers advise on MBO of major window manufacturer

A team of Yorkshire dealmakers and funders have advised on the management buyout of one of the UK’s largest window manufacturers. The Glazerite UK Group...

Sumo Group acquired in £919m deal

Sumo Group, the listed Sheffield-headquartered video game developer, is being acquired by Chinese tech giant Tencent in a £919 million deal. Through a wholly-owned subsidiary,...

Businesses urged to apply for funding for mentoring scheme

Small businesses are being encouraged to apply for funding for a peer-to-peer networking programme that provides mentoring, coaching and advice from leading business leaders. Delivered...

Product design firm raises £750k amidst growing demand for prototypes

A Sheffield company which designs products for many leading consumer brands has raised £750,000 from NPIF – Mercia Equity Finance, which is managed by...

Wakefield manufacturer on track to to deliver £50m turnover

Thurston Group is on track to deliver a £50 million turnover for the year, more than doubling over the last three years alone. Despite operating...

Commercial finance broker sees record June

Specialist commercial finance broker, Xander Wealth Commercial finance has surpassed £10m worth of development loans and private investment raised, after a record-breaking month in June...

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Multimillion-pound acquisition of Rotherham vehicle components supplier completed

A multi-million-pound acquisition of a £16 million-turnover Rotherham-based commercial vehicle components supplier has been completed. 3G Truck and Trailer Parts (3G) was established 11 years...

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