August 2022



Co-op sells £600m petrol business to Asda

Manchester-based Co-op Group announced it has sold its petrol forecourt estate to Leeds-based Asda for an enterprise value of £600 million. The Co-op said the enterprise value…


Chesire’s Dechra buys Med-Pharmex of US for £221m

Chesire-based international veterinary drugs giant Dechra Pharmaceuticals announced it has acquired Med-Pharmex, a veterinary pharmaceutical manufacturer based in Pomona, California, for £221.5 million. “The acquisition will…




Asda Q2 revenue slips 2% to £4.9bn

Leeds-based supermarket giant Asda said its second-quarter revenue, excluding fuel, fell about 2% to £4.9 billion Asda also said it is taking “far-reaching steps” to support…


Sandringham CEO Sargisson to leave next year

M&G Wealth has announced that Tim Sargisson, CEO of Huddersfield-based independent financial advice firm Sandringham Partners, is to leave the business early next year. Sargisson…



Germany’s Brenntag buys Prime Surfactants of Leeds

Germany-based chemicals and ingredients distribution firm Brenntag announced the acquisition of Leeds-based Prime Surfactants Limited. Brenntag said Prime is “a leading distributor of surfactants specialties for…




Co-op confirms Shirine Khoury-Haq as CEO

Manchester-based Co-op confirmed on Tuesday that Shirine Khoury-Haq has been appointed as group CEO on a permanent basis.   Co-op appointed Khoury-Haq, formerly group CFO and CEO…







AO World revenue falls 6% to £1.55bn

Shares of Bolton-based online electrical retailer AO World plc rose about 13% on Thursday after it announced results for the year to March 31, 2022 — but…





Newcastle’s Sage acquires Lockstep of Seattle

Newcastle-based Sage Group announced it agreed to acquire Lockstep, a Seattle, Washington-based provider of “cloud native technology” that automates accounting workflows between companies. Sage provides accounting,…


Harrogate’s Vp no longer for sale

Harrogate-based equipment rental group Vp plc — which in April launched a formal sale process (FSP) for the company — announced it has decided to conclude…









Skipton savings balances up 6% to £21bn

Skipton Building Society said its savings balances grew 6% to £21 billion in the first half of 2022, with pre-tax profit for the period edging higher to…


Carr’s of Carlisle in boardroom shake up

Carlisle-based agriculture and engineering firm Carr’s Group announced that “after an extensive search process” it has appointed its chairman Peter Page to the role of…





Drax acquires Canada pellet plant

North Yorkshire power generator Drax Group said it signed an agreement with Princeton Standard Pellet Corporation (PSPC) to acquire its pellet plant in Princeton, British…





JD Sports hires Régis Schultz as CEO

Bury-based FTSE 100 retailer JD Sports Fashion Plc announced on Tuesday that French businessman Régis Schultz has been appointed as the company’s new chief executive officer….



Speedy Hire names COO Evans as new CEO

Speedy Hire plc, the Newton-le-Willows-based tools and equipment hire firm, announced that current chief operating officer Dan Evans will become the firm’s new CEO on…