Search Results for Very group

DFS shares up as it buys Sofology and refinances

Shares of Doncaster-based DFS Furniture rose almost 5% after it said it agreed to buy Golborne-based sofa retailer Sofology Limited and announced an agreement to refinance its existing borrowings. DFS…


McColl’s deal to take Morrisons wholesale to £1bn

Bradford-based supermarket group Morrisons announced a long-term wholesale supply initiative with convenience retailer McColl’s which it said will take its wholesale supply sales eventually to more than…









IPO for Chesire’s Tatton Asset Management

Cheshire-based financial advisory company Tatton Asset Management announced its intention to float on the Alternative Investment Market (AIM) of the London Stock Exchange. Tatton said…



Leeds-based Endless buys recruiter Affinity

Leeds-based private equity investor Endless said it acquired CER Staffing Solutions Limited, trading as Affinity Workforce, from Capita plc for an undisclosed price. With revenues of £140…



Revenue at York’s Gear4music up 58% to £56m

Shares of York-based Gear4music, the online retailer of musical instruments and equipment, rose 4.55% after it said revenue jumped 58% to more than £56 million and underlying operating profit soared…



N Brown profit falls to £58m on £901m revenue

Manchester-based specialist fit fashion retailer N Brown Group — whose brands include JD Williams, Simply Be and Jacamo — said its group revenue rose 4% to £900.7 million in the 53 weeks…




Leeds gets £173m transport funding package

Leeds is set to benefit from a £173.5 million UK government funding package that will provide high frequency busways, improved park and ride facilities and better stops…





Utilitywise shares hit amid loss, chairman move

Shares of Newcastle-based utility consultancy Utilitywise fell more than 11% after it said executive chairman and founder Geoff Thompson would become non-executive chairman with immediate effect and…


NCC installs exec chairman amid upheaval

Manchester-based cyber security company NCC Group said on Monday it appointed Chris Stone as executive chairman with effect from April 6, 2017. “It is intended that he will…



Sunderland’s ScS sees revenue hit £158m

Shares of Sunderland-based furniture and floorings retailer ScS Group rose on Tuesday after it said its revenue rose 14.6% to £157.9 million and gross profit increased 12.4% to £72.9 million in the…




Metronet acquires Venus for London expansion

Manchester-based internet infrastructure firm Metronet (UK), backed by mid-market private equity firm Livingbridge, said it acquired London-based fibre network provider Venus Business Communications. The acquisition of Venus follows Metronet’s…


Sage agrees to acquire rest of Fairsail

Newcastle-based Sage Group, the UK’s largest tech company, said it agreed to acquire Fairsail, the fast-growing cloud human capital management system for mid-sized businesses. Currently a minority…


France’s Engie buys Keepmoat unit for £330m

French utility Engie said it agreed to acquire the regeneration business of Doncaster-based social housing developer Keepmoat, which specialises in renovating buildings for local authorities, for about £330 million. Engie said…



Revenue up 36% to £256m at linen firm Johnson

Chesire-based workwear and linen rental company Johnson Service Group (JSG) said its 2016 revenue rose 36.4% to £256.7 million and profit before tax soared 49.7% to £25.9 million. JSG…


Virgin Money profit up 41% to £194m in digital push

Newcastle and Edinburgh-based challenger bank Virgin Money said its 2016 statutory profit before tax increased 41% to £194.4 million and its gross mortgage lending grew 12% to £8.4 billion, giving it…


£126m for Royce Manchester research centre

The UK government’s business and energy secretary Greg Clark announced £229 million worth of investment in the development of cutting-edge advanced materials and a new…


Manchester’s McBride mulls sale of aerosols

Manchester-based McBride plc, the manufacturer of private label household and personal care products, said it was considering expressions of interest to acquire its aerosols business. McBride, which employs about 5,000 around…


Mercia wins £108m Northern Powerhouse mandates

Mercia Technologies plc, the investment firm that focuses on the UK regions, said it was successful in its bids, via its subsidiary Enterprise Ventures Limited, to manage two of the British…


NCC shares plummet 40% amid latest turmoil

Shares of Manchester-based cyber security company NCC Group have fallen more than 40% since it issued a surprise trading update late on Tuesday, initiated a strategic review, and abruptly cancelled…




Go-ahead for Sheffield’s £175m West Bar Square

Outline planning consent has been granted for the £175 million mixed-use West Bar Square development in Sheffield’s Riverside business district – the ambitious regeneration scheme that could create up…


Germany’s Erwin Hymer buys Consett’s Explorer

The Explorer Group, the Consett, County Durham-based manufacturer of motorhomes and caravans, is to be acquired by the Erwin Hymer Group of Germany. London-based investment company Constantine Group…




Kohler buys Merseyside’s Clarke Energy

Wisconsin-based Kohler Co. said its power group acquired Merseyside-based Clarke Energy Ltd., a multinational specialist in the engineering, construction, installation and maintenance of engine-based power plants. Knowsley-based…




Clydesdale and Yorkshire deposits £27.3bn

Clydesdale and Yorkshire Bank owner CYBG said trading in the three months to December 31, 2016, had been in line with its expectations with deposit balances up…


New chair at Leeds global consultancy WYG

Leeds-based WYG, the AIM-listed global project management and technical consultancy, said chairman Mike McTighe will retire at the next AGM in September and be succeeded by Jeremy Beeton, currently…


Sage shares down 5% after trading update

Shares of Newcastle-based software company Sage Group fell about 5% on Thursday after the firm delivered what some analysts considered a slightly disappointing trading update for the three…


Shares down 10% at Manchester’s Cussons

Shares of Manchester-based soaps and consumer products company PZ Cussons have fallen roughly 10% since it said on Tuesday that statutory profit before tax fell 37.8% to £24.9 million and revenue…


Abbey Logistics buys Armet, creates £70m firm

Liverpool-based Abbey Logistics Group, which recently completed a management buyout, said it acquired bulk liquid food transport firm Armet Logistics Ltd for an undisclosed sum. Abbey, the…



NCC profits slip; chairman to step down

Manchester-based cyber security company NCC Group said its chairman Paul Mitchell will step down on May 31, 2017, as it announced profit before tax for the six months to November…


N Brown shares up amid strong online sales

Shares of Manchester-based specialist fit fashion retailer N Brown Group — whose brands include JD Williams, Simply Be and Jacamo — rose about 7% after it said third…



Lloyds private equity firm invests in ChargePoint

Liverpool-based ChargePoint Technology said it secured a multi-million pound investment from private equity investor LDC, part of Lloyds Banking Group, to help it meet international demand…


Styles&Wood buys GDM

Sale-based property services firm Styles&Wood Group plc said it acquired Kent-based specialist mechanical, electrical and environmental consultancy The GDM Group Limited for an initial payment of £4 million in cash and…


£36m to build 1,381 housing association homes

Manchester-based housing association Great Places Housing Group and its partners said they secured £36.2 million of government funding to build 1,381 affordable homes across the…


£335m for 3,000 housing association homes

Northern England housing association consortium JV North said it will invest £335.5 million to build nearly 3,000 homes over the next four years. The consortium of…


Glenbrook targets ‘last remaining’ quay site

Property developer Glenbrook said it submitted a planning application to Salford City Council to build 270 private rented apartments on the last remaining undeveloped site overlooking Erie Basin…


Radrizzani buys 50% stake in Leeds Utd

Leeds United Football Club confirmed that sports media executive Andrea Radrizzani’s Aser Group Holding, through it’s acquisition vehicle Greenfield Investment, has bought 50% of the club’s share capital. Leeds…



Tritax in £102m Howden warehouse investment

Tritax Big Box REIT, a real estate investment trust, said it exchanged contracts — conditional on receiving planning consent — to provide forward funding for two large distribution warehouses at Warth…