Company News

THE DONALDSON GROUP INVESTS IN E-COMMERCE CAPABILITIES WITH SENIOR APPOINTMENT

Leading timber expert, Donaldson Group, has appointed Fergus Bell (pictured above) as D-Commerce Director of the Retail & Distribution division in a newly created role. Fergus joins the Donaldson Group from the building supplies company Bradfords, where he was head of e-commerce and managed the business’ e-commerce proposition, including re-platforming and relaunching the website as well […]

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BLACKFINCH PROPERTY COMPLETES ITS LARGEST LOAN TO DATE WITH £20 MILLION REFINANCING DEAL

Blackfinch Property, a rapidly growing agile lender to the UK property market, has completed its largest loan to date, a £20m refinancing for a mixed portfolio of 54 residential and commercial properties across East London. The 24-month deal from Blackfinch Property will enable the landlord to continue to provide high quality residential and commercial properties

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ISSA BROTHERS CONFIRM THEY’RE TO BUY UK OPERATIONS OF EG GROUP

A deal worth more than £2bn which will see Asda acquire the majority of EG Group’s UK and Ireland operations has been confirmed. Both companies are owned by the billionaire Issa brothers and private equity giant TDR Capital. Asda is to buy most of Blackburn-headquartered EG Group’s fuel, foodservice, grocery and merchandise business for £2.27

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FAN FAVOURITE FLAVOUR TO BECOME AVAILABLE IN HUNDREDS MORE UK STORES

A family farm based ice cream brand has scooped up a new UK-wide listing for its fastest growing product, putting it in closer reach of dessert fans throughout the country. Mackie’s of Scotland’s Honeycomb flavour will be available in up to 245 Waitrose outlets from June, joining the firm’s highly recognisable Traditional Real Dairy ice

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NEW BUYER SECURES JOBS FOR NORTH YORKSHIRE BASED BREWERY

Black Sheep Brewery CEO Charlene Lyons Equity lending and advisory services company, Breal Capital, has acquired Black Sheep Brewery, its shop and visitor centre and its estate of public houses. Earlier this month the Masham based brewery warned that it intended to appoint administrators, blaming a “perfect storm” of riding costs and the pandemic. The

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SHIELD SAFETY GROUP MARKS 20 YEARS WITH INDUSTRY LANDMARKS

Shield Safety Group, the Manchester-based leading provider of professional services and software solutions across food safety, health and safety and fire safety, is celebrating its 20-year anniversary, with a series of major milestones. Since being established on 27th May 2003, the business and its clients have delivered over 50 million compliance checklists to protect its stakeholders,

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SIDEMEN BRAND TO OPEN 10 NEW LOCATIONS ACROSS THE UK

The Fried Chicken brand SIDES is on track to open ten locations in 2023, with the brand expanding its footprint into the North of England & Scotland. The plans will see SIDES create 100 jobs across these new locations. The game-changing chicken brand, which is part of the Virtual Hero Group, has also revealed that

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REEBOK MAKES FIRST MAJOR PROFIT IN YEARS AFTER BEING SOLD BY ADIDAS

The UK arm of sportswear giant Reebok made its first substantial profit since 2014 as it was sold by Adidas for €1.6bn. The Altrincham-based business reported a pre-tax profit of €57.6m for the 14 months to February 28, 2022, compared to a €22.2m loss in 2020. The last time Reebok UK made a profit was

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LOAN PROVIDER FALLS INTO ADMINISTRATION LOSSING CLOSE TO 140 JOBS

More than £24m was owed by a loan provider as it entered administration with the loss of almost 140 jobs. The Manchester-headquartered Auden Group collapsed in March having been loss-making since it was set up in 2013. The business had provided short term (3-12 month) loans of between £200 and £1,000 to customers. It was

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THE UK’S FIRST SUBSEA CABLE FACTORY HAS BEEN APPROVED

North Ayrshire Council’s planning committee has granted permission for XLCC’s high-voltage direct current (HVDC) subsea cable factory in Hunterston. The decision paves the way for construction to commence and follows outline planning permission being granted last year. Work on the site will now start in early 2024, with cable production slated for 2026. Development of

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