US giant acquires Lincolnshire PPE manufacturer
Return-to-work policies boost lettings at Dean Clough
Dean Clough Chairman and MD Jeremy Hall believes employers implementing a return-to-work policy is part of the reason the Halifax complex has had a buoyant year.
He said: “With our commercial property agents reporting a healthy pattern of growth in market deals, and many employers now advocating a full return to the workplace policy, we are certainly seeing the effects of this. Trepidation through the pandemic, Brexit and the change in Government is also starting to diminish with a renewed outlook on sustainability and wellbeing in the workplace.
“This is where Dean Clough excels. our buildings provide highly sustainable characterful, energy efficient space solutions. There is also a vibrant and diverse community here, which together with its creative cultural offer makes for a unique proposition.”
Over the last twelve months with Activate Group expanding into a new 13,870 sq ft space, Aggregate Industries taking 1,918 sq ft, and global operator Seven Glocon securing a 2,750 suite for its UK base. Ramsdens Solicitors also relocated to occupy a 5,340 sq ft regional office whilst visitor experience design company, The Creative Core, took a new lease for a 1,476 sq ft studio.
2024 also saw Calderdale College take occupation of its new 12,834 sq ft digital creative skills hub specialising in games design, esports, film, and media. The College is preparing to double its student intake this year. 22 further office deals totalling 15,000 sq ft have also been secured whilst a significant 12,822 sq ft of space is currently being regenerated in preparation for a major incoming public sector occupation.
The TV production team for Sally Wainwright’s forthcoming Riot Women series also took occupation of a significant floorspace during 2024. Dean Clough is recognised for its multi-functional spaces and is often used as a media production base having already hosted Marvel’s Secret Invasion, Happy Valley, The Gallows Pole, High Hoops, and Ackley Bridge.
It is also an established cultural destination with its own subterranean theatre and six public art galleries. Last year The Arts Charity at Dean Clough took further occupation of a 7,724 sq ft building to produce a new art installation.
£70k loan allows Leeds marshmallow maker to expand
West Yorkshire-based confectionery business The Marshmallowist has secured a £70,000 loan which will create five new jobs and create seven more at the company’s site in Leeds.
The money comes from NPIF II – BEF Smaller Loans, managed by Business Enterprise Fund (BEF) as part of the Northern Powerhouse Investment Fund II.
The investment will establish a new bakery facility, significantly boosting production capacity in the company created by chocolatier Oonagh Simms in 2011. The Marshmallowist pioneered the UK’s gourmet marshmallow market. Combining traditional confectionery techniques with bold flavours, the brand uses premium ingredients like fresh fruits, organic herbs, fair-trade sugar, and boutique alcohols. All products are egg-free, dairy-free, and gluten-free, catering to diverse dietary preferences.
Oonagh’s journey began at 18 when she moved to Paris to train as a pâtissier and chocolatier. Four years later, she returned to the UK to launch The Marshmallowist from a stall at Portobello Road Market, reinventing the classic treat with a gourmet twist. In 2014, her sister Jenny joined as a director, bringing expertise in brand development and strategy. Together, they transformed The Marshmallowist, and secured its place in luxury retailers like Selfridges and Harvey Nichols.
After securing a key contract with a growing chocolate brand, the sisters set their sights on upgrading their production facility at Springfield Mills in Farsley, Leeds.
Oonagh said: “This investment marks a significant milestone for us. With the new bakery facility, we can expand our production to meet the growing demand and continue pushing the boundaries of what a gourmet marshmallow can be. We’re thrilled to take this next step in our journey and bring more of our innovative flavours to our customers. It’s not just about growth; it’s about keeping our passion for quality and creativity at the heart of everything we do.”
Doug Heseltine, Senior Investment Manager at BEF said: “The Marshmallowist is a fantastic example of a business that combines creativity with a clear growth strategy. We’re proud to support Oonagh and Jenny as they expand their operations and take on exciting new opportunities. This investment not only helps scale their production but also contributes to job creation and economic growth in the region, which aligns perfectly with our mission and the goals of the Northern Powerhouse Investment Fund II.”
Lizzy Upton, Senior Manager at British Business Bank, said: “Small businesses are critical in promoting and driving growth into local regions, especially ones like The Marshmallowist which is providing a fantastic offering to its customers while also creating and securing jobs. These kinds of businesses can benefit greatly from access to finance, and this loan will certainly accelerate the team forward in achieving their growth ambitions.”
The purpose of the Northern Powerhouse Investment Fund II is to drive sustainable economic growth by supporting innovation and creating local opportunity for new and growing businesses across the North of England. The Northern Powerhouse Investment Fund II will increase the supply and diversity of early-stage finance for the North’s smaller businesses, providing funds to firms that might otherwise not receive investment and help to break down barriers in access to finance.
BEF specialises in delivering smaller loans between £25,000 and £100,000 to businesses in Yorkshire and Humberside. Committed to breaking down barriers to finance, BEF ensures SMEs across diverse industries receive the support they need to thrive.
German operator chosen for Doncaster Airport
Take-up in West Yorkshire’s industrial and logistics market hits three year high
Lincoln industrial engineers place business in hands of employees
New AI guidance developed by University of Sheffield to help businesses
Kier appointed on historic Adelphi Cinema project in Sheffield
East Yorkshire tourism bosses launch new visitor economy action plan
Harrogate BID promotes scheme to keep spending local
Harrogate BID has launched a campaign to encourage member businesses to sign up to the Gift Card scheme in the town, believing it to be a ‘fantastic’ way to lock in spend to boost the local business community and economy.
Since its inception back in 2019, it has helped to secure more than £170,000 of investment into Harrogate’s businesses. Almost 100 businesses are currently signed up for the scheme, with the BID team hoping to increase the amount over the coming months to support the town’s business community.
Bethany Allen, Operations and Projects Executive at Harrogate BID, said: “The popularity of the Harrogate Gift Card is growing year on year and we’re looking to get as many sign ups as we can!
“The initiative really is a great way to keep money within our town’s economy as the cards can only be spent at registered businesses, not online or out of town.
“It encourages potential customers to shop local throughout the year as it can be used in businesses ranging from across all sectors – from bars and restaurants to hair salons, hotels and cafes.”
The BID team organise campaigns across the year to push the purchase of the Gift Card, whether that be promoting the card as that perfect wedding present for the happy couple, or as a top gift to thank that special teacher at the end of the school year.
A digital version of the Gift Card was also launched in October 2024, making it easier and more accessible for users as it can be stored on a mobile phone. Once a digital Gift Card has been purchased it can be accessed via an app, which can then easily be downloaded into your phone’s wallet.
Brewery aims for relocation to grow business
North East Lincolnshire Council announces Interim Chief Exec
Allenby Commercial starts work on final phase of Priory Park
Doncaster developer to invest £50m in Halifax housing development
Yorkshire law firm makes trio of hires
Improving sentiment and available buildings position South Yorkshire and NE Derbyshire well for 2025 occupier demand
Views sought to shape future of Hull city centre
- Identifying key development plots in the city centre.
- Moving towards a more climate-conscious city centre, both through futureproof development and the enhancement of sustainable transport infrastructure.
- Defining key neighbourhood/district uses and identities.
- Addressing flood risks through sustainable practices and attractive landscaping.
- Enhancing the outdoor public spaces and family offer, as well as improving accessibility across the city centre.
- Raising the profile of Hull to help drive more inward investment and development.
- Growing the local economy, creating more jobs and supporting new and existing businesses.
- Increasing the number of homes in and around the city centre, helping to create a more vibrant, active and safer destination.
East Yorkshire law firm hands ownership to employees
Security group aquires Leeds locksmith
Croma Security Solutions Group has acquired Meridian, a well-established, family-run locksmith business based in Horsforth, Leeds for a total cash consideration of £150,000.
In a separate transaction, the company acquired a freehold retail property for a total cash consideration of £275,000 from the vendor’s pension fund.
Founded and owned by John and Kim Taylor in 2004, Meridian has been providing locksmith services and electronic security systems to the local resident and business community for over 20 years.
Operating from a single store, as well as providing a successful online service, Meridian has six employees of whom three are part of the Taylor family, and all of whom will remain with the business.
For the 12 months to 31 December 2023, Meridian generated revenues of £836,000 and profit before tax of £46,000.
Located in Horsforth, Leeds the store extends the Croma network northwards and is in easy reach of the group’s security centre in Bury. Meridian enjoys a high level of electronic security sales which is part of Bury’s core expertise and so the two sites should combine well and have already begun to collaborate.
The acquisition of Meridian is part of the group’s broader strategic plan to build a national network of modern security centres. Meridian will be incorporated into the business, benefiting from a broader product range and centralised services. The store will continue to service the local existing customer base, as well as the wider Croma network of commercial clients.
John Taylor, Managing Director of Meridian, said: “We have been looking to balance our desire to realise the value in our business whilst also continuing to work.
“Croma is therefore an ideal partner for us, they have a strong track record of incorporating similar businesses to ours into the Group and they have the skills and expertise to grow Meridian, especially in the commercial market where historically we have struggled to meet demand.
“As the founder of the business and having grown it from scratch, I’m excited to continue my career as part of the Croma team.”
Roberto Fiorentino, Chief Executive Officer, said: “We are delighted to welcome Meridian into the Group. The business meets all our criteria and is therefore a strong fit.
“We anticipate being able to increase the profitability of the business ensuring it quickly becomes earnings accretive and extends our geographic reach. As importantly, we have a good pipeline of further transactions which we are looking forward to bringing to completion.”