Author: Sam Allcock

Dulas, a renowned manufacturer of solar-powered refrigerators based in Machynlleth, has clinched significant contracts across Africa. These deals are poised to enhance immunisation efforts by ensuring vaccine availability in remote areas.Dulas has recently secured international contracts valued at £2.5 million. These deals enable the distribution and installation of solar-powered vaccine fridges to support immunisation programs in Africa. With projects in Burkina Faso and Guinea, the company is eyeing further expansion in this key market. This strategy aligns with Dulas’s commitment to increase its presence in high-potential regions.Dulas specialises in cold-chain technology, vital for storing vaccines in remote locations. By leveraging…

Crest Nicholson is reconsidering a revised offer from Bellway, valuing the firm at £720 million.This proposal, the third from Bellway, signals potential for significant market consolidation should it proceed.Crest Nicholson Considers Bellway’s Latest OfferCrest Nicholson’s board has expressed a willingness to consider a revised takeover proposal from Bellway, valuing the company at £720 million. This marks Bellway’s third offer in recent months, following previous unsuccessful attempts. The revised offer suggests that Crest shareholders might be receptive, provided that a firm proposal is formally presented.The latest bid includes the provision of 0.099 Bellway shares for each Crest share, alongside a dividend…

The landscape of equity investments in Welsh business is evolving with significant deals making headlines.This article examines key recent developments, illustrating how strategic investments are fuelling growth across sectors.Mallows Beauty ExpansionLlantrisant-based Mallows Beauty is rapidly expanding its market presence across the UK with its products now available in 550 Superdrug stores. The company is also eyeing a move into the US market, supported by a six-figure investment from the Development Bank of Wales, increasing their total funding support to over £1 million. This growth signifies the company’s upward trajectory in the beauty sector.The company, founded in 2020 by Laura Mallows,…

Old Mill, a prominent financial firm in the South West, has restructured its board of directors to include a new chief executive and a managing director, amongst others. The aim is to strengthen its governance and strategic direction as it seeks to navigate an ever-evolving financial landscape.In this pivotal move, Mark Neath has been appointed as Chief Executive Officer after an 18-year tenure with the firm. He will spearhead the long-term vision and growth strategies of Old Mill. The board now includes six members, notably co-founder Jolyon Stonehouse, who assumes the role of Managing Director.The recent restructuring of Old Mill’s…

A Manchester-based food technology company has received crucial backing from Innovate UK.OSY Group aims to expand its innovative packaging technology to international markets.Innovate UK’s Investment in OSY GroupInnovate UK’s Business Growth initiative has awarded the OSY Group, a Manchester-based food tech company, with a substantial grant under its Global Explorers Programme. This funding will assist the company in expanding to international markets, providing necessary resources to explore the adaptability of its highly innovative antimicrobial packaging solution, Xtend.OSY Group has already made significant strides with previous investments amounting to over £1 million from individual stakeholders and the recent £500,000 from Innovate…

Heather Mills, renowned entrepreneur and vegan advocate, has acquired the popular North East online retailer Alternative Stores.This strategic acquisition aims to transform the company into a central hub for plant-based products, enhancing consumer access to diverse vegan options.Heather Mills, the visionary behind VBites, has taken a significant step by acquiring AlternativeStores.com, a beloved online retailer specialising in 100% plant-based, cruelty-free products. This move is more than a business venture; it symbolises Mills’ commitment to promoting plant-based lifestyles. The acquisition is expected to culminate in a one-stop shop for vegan goods, from cosmetics to household items.In expressing their excitement for the…

Impact Recycling has made significant strides with a £6 million investment led by IW Capital. This development follows previous support from industry giants like LG.The investment is set to drive technological advancements and expand recycling capabilities, aligning with increasing regulatory and consumer demands for sustainable packaging solutions.Key Investment DeploymentImpact Recycling, a leader in plastic recycling innovation, has recently gained significant financial momentum. This advancement comes in the form of a £6 million investment led by private equity firm IW Capital. Their proprietary Baffled Oscillation Separation System, or BOSS, is at the heart of this strategic financial injection, designed to drive…

Loungers, the renowned café-bar chain, has reported a significant rise in profits this financial year, marking a milestone for the company. With revenues climbing and expansion plans underway, they have managed to enhance their market presence notably.Loungers has achieved record financial results for the fiscal year, marked by an expansion of 36 new locations across the United Kingdom. This impressive growth has facilitated an operating profit of £20.3 million, a substantial increase from the previous year’s £14.7 million. The company’s brands, including Lounge, Cosy Club, and Brightside, have seen an increase in revenue by 24.7% to £353.5 million, with a…

Trident Fitness, based in Somerset, is set for significant expansion following a substantial financial investment. Owner Craig Stephens has secured £200,000 to enhance the chain’s capabilities and set up a new location in Yeovil.This funding will facilitate the development of existing operations and allow Trident Fitness to increase its membership capacity and foster brand recognition. The Yeovil gym marks the chain’s third site, building on the earlier expansions in Bridgwater and Weston-super-Mare.Trident Fitness, under the leadership of Craig Stephens, who began operations in Bridgwater in 2019, has experienced rapid growth. The original facility was expanded during the pandemic, showcasing resilience…

Ignis Group, a prominent mechanical contractor, has made a pivotal move by securing a new headquarters for £500,000.This strategic acquisition illustrates the company’s growth trajectory and commitment to sustainable practices within the business landscape.Strategic Move for Business GrowthIgnis Group, a mechanical contractor, has successfully acquired a new headquarters in Stoke Prior for £500,000, signalling a strategic relocation driven by the company’s significant growth. Previously located in Studley, the company found the need to expand its facilities to accommodate its flourishing business operations which have been on a steady rise.Co-founders Terry O’Neill and John Mackin, who established the firm seven years…