Northern Financial Review

Shares of Liverpool-based Surface Transforms, makers of carbon fibre reinforced ceramic automotive brake discs, rose about 7% after it announced it was selected “as a tier…

Manchester-based Bruntwood SciTech has secured £500 million of additional investment and welcomed the UK’s largest local authority pension fund, Greater Manchester Pension Fund (GMPF), to…

ITM Power, the Sheffield-based green hydrogen and energy storage firm, has announced that the company is “commencing bidding into projects” in the US market. “We are…

Several shareholders in Warrington-based Electricity North West (ENWL) are exploring a potential sale of their stakes in the network operator, according to a Reuters report. A…

Cheshire veterinary drugs giant Dechra Pharmaceuticals reported revenue growth of 5.5% to £761.5 million for the year ended June 30, 2023, and said underlying operating…

Shares of SIG plc, the Sheffield-based international building materials supplier, fell more than 10% after it issued a trading update for the three months to September…

Carlisle-based agriculture and engineering firm Carr’s Group announced a trading update for the year ended September 2, 2023, saying its order book has reached a…

Croda International, the Snaith, East Yorkshire-based FTSE 100 speciality chemicals giant, has cut its forecast for full year adjusted profit before tax to between £300 million and…

Bodycote, the Macclesfield-based heat treatment and thermal processing giant, has announced the acquisition of two US-based specialist technology focussed businesses for $145 million and outlined…

County Durham family firm the Banks Group announced that its renewable energy division Banks Renewables is being acquired by Brookfield, the Canadian asset manager with…

Skelmersdale, Lancashire-based bathroom retailer Victorian Plumbing Group, said its revenue increased 6% in the year ended September 30, 2023. In a trading update, Victorian Plumbing said: “Revenue…

Shares of Manchester-based online fashion giant Boohoo fell about 10% after it announced results for the six months ended August 31, 2023, showing revenue down…

Newcastle-based Greggs reported that its third-quarter total sales rose 20.8% for the 13 weeks to September 30, 2023, with company-managed shop like-for-like sales up 14.2%….

Warrington-based water giant United Utilities said it has submitted its business plan covering the 2025-30 period, involving £13.7 billion of expenditure and support for 30,000 jobs — 7,000 of…

Pencil Biosciences, based in Alderley Park, Cheshire, has completed a seed financing round of £5.6 million, adding new investors Octopus Ventures, Northern Gritstone and Martlet Capital….

Liverpool F.C. owners Fenway Sports Group (FSG) announced that US private equity firm Dynasty Equity has completed a “strategic common equity minority investment” in the…

Salford-based broadband giant TalkTalk Group has announced a series of leadership changes as it moves to demerge its main operating businesses “in order to create…

Bradford-based supermarket giant Morrisons announced that Rami Baitiéh, formerly the chief executive of Carrefour France, has been appointed as its new CEO. Baitiéh will succeed…

Lazard Asset Management (LAM) announced that its Sustainable Private Infrastructure Fund (Lazard SPI Fund) has completed its second investment, taking a 50% stake in Newton-le-Willows…

Croda International, the Snaith, East Yorkshire-based FTSE 100 speciality chemicals giant, said it appointed Danuta Gray as a non-executive director and chair designate. Gray will join…

Finnish tissue paper manufacturer Metsä Tissue, part of Metsä Group, is to create 400 direct jobs over the next decade through a planned investment of…

James Fisher and Sons plc, the Barrow-in-Furness marine engineering firm, said its revenue grew 17.2% to £252 million in the six months ended June 30, 2023,…

Shares of Doncaster-based DFS Furniture plc rose about 5% after it said it expects to generate a modest year on year increase in profit for its…

Shares of JD Sports Fashion plc, the Bury-based FTSE 100 retailer, rose about 8% after it said it expects headline profit before tax and adjusted…

Manchester-based Co-op Group said its revenue slipped £200 million to £5.4 billion in the 26 weeks to July 1, 2023, despite a 55% increase in new…

LBG Media plc, the Manchester-based parent of Ladbible, said its revenue rose 10% to £27.2 million in the half year ended June 30, 2023, and the…

Sheffield-based property investment and construction group Henry Boot plc reported a 24.5% increase in revenue to £179.8 million in the six months to June 30, 2023,…

Shares of Northcoders Group plc, the provider of software coding training programmes, fell about 25% after it warned that it “expects revenue and profits for the…

Wakefield-based Team17 Group, the developer of video games and educational entertainment apps, said its revenue increased 31% to £69.7 million in the six months to…

Manchester-based household products firm McBride said its revenue rose 31.1% to £889 million in the year to June 30, 2023, and it swung to an adjusted…

Northern Gritstone has invested in C-Capture, the designer of chemical processes for carbon dioxide (CO2) removal, as part of a funding round of up to…

Everton Football Club announced that Miami-based private equity firm 777 Partners has signed an agreement with Farhad Moshiri to acquire his 94.1% stake in the…

Shares of Manchester-based consumer brands giant THG plc fell as much as 20% after it announced results for the half-year ended June 30, 2023, showing revenue…

Greater Manchester Pension Fund (GMPF) announced it will appoint CBRE Ltd as the new investment advisor for its Greater Manchester Property Venture Fund (GMPVF). The…

Sheffield-based affordable house builder MJ Gleeson plc said its group revenue fell 12.1% to £328.3 million in the year to June 30, 2023, and profit before…

Manchester-based online holiday retailer On the Beach Group plc (OTB) has reported its “total transaction value” (TTV) of holidays rose 26% to a record £1.1 billion for…

Henry Boot Developments (HBD) said it is about to submit a major planning application for Colloco, a “highly sustainable” 200,000 sq ft office scheme within…

Manchester-based molecular diagnostics company Genedrive announced the immediate appointment of James Cheek as CEO. Cheek will succeed David Budd who has notified the company of his…

Shares of York-based online musical equipment retailer Gear4music rose roughly 30% on Friday after it published a trading update for its AGM saying that trading during…

Manchester-based fashion and homeware digital retailer N Brown Group has announced a partnership with Sainsbury’s for its Simply Be brand. N Brown’s other retail brands include JD…

Shares of Leeds-based Jet2 plc rose as much as 7% after it said it is on track to exceed current market expectations for group profit before…

NCC Group, the Manchester-based global cyber security firm, said its auditor KPMG has requested additional time to complete its work on the firm’s results for the…

Doncaster-based DFS Furniture plc announced the successful completion of a new £200 million revolving credit facility (RCF) and £50 million issue of US private placement (USPP)…

Asset Match, alongside Blankstone Sington and Albert E Sharp, have launched a new trading facility for Everton Football Club’s ordinary shares. “A new quarterly auction will offer total transparency…

Severfield, the Thirsk, North Yorkshire-based steel group, said its order book was £479 million at September 1, down from £510 million at June 1 — with…

Shares of Runcorn-based workwear and textile firm Johnson Service Group (JSG) rose about 11% after it said its full year outturn is expected to be” slightly ahead…

Manchester-based consumer products company PZ Cussons — the maker of Carex and Imperial Leather — confirmed that it has made an offer to acquire the minority-held shares…

Manchester industrial chain and power transmission firm Renold plc reported that its financial performance in the first four months of the new financial year “has…

Shares of Manchester United Plc fell by as much as 21% on Tuesday after a report in the Mail On Sunday claimed that the Glazer…

Liverpool-based FTSE 100 firm B&M European Value Retail S.A. confirmed on Tuesday it agreed with the joint administrators of Wilko Limited (in administration) to acquire up…

Begbies Traynor Group plc, the Manchester-based professional services consultancy, said it is expanding its operations in South Wales following the acquisition of Jones Giles & Clay…

Leeds-based Jet2 plc announced that Robin Terrell, the company’s current senior independent non-executive director, has been appointed as non-executive chairman with immediate effect.   Jet2 announced…

Property developer Select Property has secured a £128.5 million development finance deal to take forward its landmark One Port Street residential development in the heart of Manchester’s…

Manchester industrial chain and power transmission firm Renold plc has acquired the trading assets of Davidson Chain PTY in Australia for AU$6 million. “Established in…

Runcorn-based workwear and textile firm Johnson Service Group (JSG) said it acquired Ireland-based Harkglade Limited and its subsidiaries Celtic Linen Limited and Millbrook Linen Limited for about £27.1…

Munich-based AM alpha, a global family office for real estate investments, said it acquired the office property 196 Deansgate in the heart of Manchester. AM…

Northern Gritstone, the investment business focused on university spin-outs and science and technology enabled businesses in the North of England, said it has led a £2…

Beal Homes announced it has secured full planning permission to complete the housebuilder’s largest-ever development, The Greenways in Goole. The planning approval from East Riding…

Sourced Development Group and Network Rail have submitted a planning application to Liverpool City Council for the £110 million redevelopment of four residential property sites…

Gateshead-based Vertu Motors plc has published a trading update ahead of its results for the six-month period ended August 31, 2023, saying it has delivered a trading…

Northern Gritstone, the investment business focused on university spin-outs and science and technology enabled businesses in the North of England, has appointed Khadija Ashfaq as…

Manchester-based Grafenia, a serial acquirer of vertical market software (VMS) businesses, announced a fundraising of up to £27.9 million via a conditional share sale placing and…

Manchester-headquartered international law firm DWF Group plc, which has agreed to be acquired by Inflexion Private Equity Partners LLP for about £342 million, has reported…

North Yorkshire power generator Drax Group announced the appointment of former Duke Energy executive Andrea Bertone as a non-executive director and chair designate of the…

Kendal-based paper products and advanced materials firm James Cropper plc reported a 24% increase in revenue to £129.7 million and a 53% drop in profit before tax…

Leeds-based transport data analytics firm Tracsis plc said on Wednesday its revenue is expected to have increased by 19% to over £81.5 million in the year ended…

Sheffield-based affordable house builder Gleeson Homes announced the appointment of Steve McElroy to the newly created role of group sales director. McElroy has worked in the housebuilding…

Salford-based housing association Salix Homes said it has secured a £120 million refinancing deal with NatWest. “The deal means we can deliver the ambitions set…

Altrincham-based car dealership Lookers plc, which has agreed to a cash takeover offer worth about £504.2 million or £1.30 a share or from Canadian car dealer network…

Wakefield-based Team17 Group, the developer of video games and educational entertainment apps, announced that its non-executive chair Chris Bell has decided to step down from his…