Author: Dave Antrobus

Newcastle’s engineering firm Fairley Gunn Group has recently expanded its operations by acquiring two significant businesses within the radiography division.The strategic move aims to strengthen its position in the market and enhance its service offerings, highlighting Fairley Gunn’s commitment to growth and innovation.The Fairley Gunn Group, a prominent engineering firm based in Newcastle, has strategically expanded its operations by acquiring Axi-Tek Ltd and its subsidiary Metrix NDT Ltd. This acquisition aims to enhance its capacity in the radiography division, marking a significant milestone in the group’s expansion strategy. The inclusion of these entities is expected to broaden their geographic reach…

The Co-op has announced a dynamic partnership with EG On The Move, a move set to reshape the forecourt retail landscape.This collaboration aims to significantly expand Co-op’s franchise footprint across the UK, reinforcing its position in the convenience market.The Co-op has entered into a significant franchise agreement with EG On The Move, marking a new chapter in its expansion strategy. The collaboration aims to establish Co-op franchises across petrol stations nationwide. This partnership highlights Zuber Issa’s strategic shift to focus on forecourts after notable transactions last month. He acquired the remaining forecourt operations of EG Group and sold his stake…

Technology Services Group (TSG), a prominent software company, has embarked on a significant transition following a management buy-out (MBO).The acquisition, backed by Pictet Alternative Advisors, signals a new era for TSG, as its co-founders, including Sir Graham Wylie, exit the business.The recent transaction allows Tyneside tech company, Technology Services Group (TSG), to embark on a new era following its acquisition through a management buy-out (MBO). The deal, supported by a significant investment from Pictet Alternative Advisors, marks the departure of the company’s co-founders, Sir Graham Wylie and David Stonehouse, from their roles. This strategic move enables TSG to continue its…

PureCyber, a leading name in cyber security based in Cardiff, stands poised for significant growth with a recent £5 million equity investment from BGF.Since its inception in 2016, PureCyber has evolved into a pivotal provider of comprehensive cyber security solutions for diverse sectors. The recent investment marks a strategic move to extend its impact in the global market, supported by new leadership and partners.The £5 million investment from BGF will play a vital role in PureCyber’s growth strategy. With this substantial capital inflow, PureCyber aims to expand its client base, particularly focusing on small to medium-sized enterprises (SMEs) and larger…

Quantum Pharma has recorded impressive financial results, following substantial capital investments. The company’s revenue and operating profit have both seen significant increases.These developments highlight Quantum Pharma’s strategic investments and operational enhancements, marking a successful period for the medical manufacturer.Impressive Financial GrowthQuantum Pharma, based in Burnopfield, has reported a significant rise in both revenue and profit, attributed largely to strategic capital investments. The firm’s revenue surged by 47%, amounting to £174.8 million. Operating profit also saw a remarkable increase, jumping 140% from £7.08 million to £16.99 million. This financial growth underscores the company’s successful navigation through the competitive pharmaceutical manufacturing landscape.Strategic…

Legendary beer maker Marston’s has announced a strategic decision to divest its brewing business.With the sale of its 40% stake in a joint venture with Carlsberg, Marston’s aims to focus entirely on its pub operations.Strategic Shift in Business FocusLegendary beer maker Marston’s has made a significant shift in its business strategy by deciding to divest its brewing operations and concentrate on its pub business. The Wolverhampton-based firm has reached an agreement to sell its stake in the joint venture with Carlsberg UK. This decision marks a notable pivot in Marston’s long-standing history in beer production. This agreement involves transferring Marston’s…

Thousands of jobs at Port Talbot steelworks are at stake as the Labour government seeks a strategic transition to greener steel production methods. The government’s negotiations with Tata Steel are intended to secure employment and establish a sustainable future for the industry.The new Labour government is prioritising a new deal for Port Talbot steelworks. By engaging closely with Tata Steel, government officials emphasise the importance of transitioning to greener steel production methods. However, this change risks thousands of jobs due to the planned closure of two blast furnaces. Notably, one furnace is already closed, with the second scheduled to follow…

William Cook Group, renowned for its engineering prowess, showcases impressive financial growth. The firm disclosed increased revenues and profits across varied markets, supported by strategic investments.Headquartered in Sheffield, this family-led enterprise enhances its production capabilities, demonstrating resilience in a dynamically changing industrial landscape.William Cook Group, a distinguished name in the steel industry, has reported a significant rise in both revenues and profits across its main markets. The company, headquartered in Sheffield, specialises in high-integrity components for the rail, defence, and energy sectors. Accounts recently revealed show a commendable 28.4% increase in group turnover, reaching £67.3 million by the end of…

In a significant development for the regional economy, over 3,000 jobs have been secured at Intelligent Protection Management (IPM) Group. This outcome follows the successful acquisition of the company by unidentified buyers, ensuring stability for both employees and clients alike.The IPM Group, which has served a diverse range of sectors since 2006, faced challenges that led to an administrative appointment. Leonard Curtis played a crucial role in steering the company towards a viable future, culminating in a buyer agreement that safeguards jobs and operational continuity.Intelligent Protection Management’s Business OverviewFounded in 2006, the Intelligent Protection Management Group has established itself as…

OnLogistics, a prominent logistics firm in Solihull, has strategically expanded its footprint across the West Midlands through a key acquisition.The company has successfully acquired Exact Logistics based in Rugby, enhancing its portfolio of logistics services and posturing for robust market growth.Strategic Acquisition Fuels GrowthIn a significant strategic move, Solihull-based OnLogistics has acquired Exact Logistics, a Rugby-based firm, in a deal that remains undisclosed. This acquisition aims to strengthen OnLogistics’ position in the logistics sector, offering them substantial opportunities to expand their service range and customer base across the West Midlands.OnLogistics, known for its expertise in e-commerce and order fulfilment services,…