Manufacturers in Greater Manchester have one last chance to benefit from a popular programme to help increase their productivity and get on the path to growth. Made for Manufacturing, which is run by GC Business Growth Hub, is actively recruiting for manufacturing businesses of all sizes from across the city region. This is the fourth […]
UK manufacturers are suffering a triple whammy of lower sales, sharply lower profits, and a painful cash squeeze, according to the new UK Manufacturing Barometer from specialist consultancy Insider Pro, which helps companies build effective and resilient supply chains. Insider Pro has analysed the accounts of 1,457 small and medium-sized manufacturers employing 2.7m makers, around […]
Ignite is a UK-based investor focused on supporting the growth of ambitious and fast-growing companies. The financial terms of the transaction are undisclosed. Headquartered in Gateshead and founded in 1979, NTG is a precision engineering business that manufactures low volume, high value parts for use in Severe Duty Engineering Applications, that sees products operate in […]
UK-pump specialists, Hydromarque Ltd, is set for significant expansion following its acquisition by a specialist private equity backer. BCF Equity Partners has acquired Peterborough-based Hydromarque in a deal totalling £2.7m. Hydromarque is an exclusive UK distributor of Gorman-Rupp, Cornell and Wallwin pumps across a range of industries including water and food production. Following acquisition, BCF […]
Two thirds of manufacturers (65%) would commit to greater investment in the UK if incentives for capital expenditure were increased, a new survey from accountancy and business advisory firm BDO has found. The poll of over 200 UK manufacturers also found an overwhelming majority (61%) who said that a simplification and extension of research and […]
High-growth renewable energy business Ryse Energy has secured a six-figure loan from Lancashire’s Rosebud fund, managed by GC Business Finance (GCBF) on behalf of Lancashire County Developments Ltd, to support increased demand for its products. Based in Lancashire, Ryse Energy is a global leader in off-grid and remote renewable energy systems. With more than 4,000 […]
Manufacturing output fell slightly in the quarter to February, but at a more modest rate than in the first lockdown last Spring, according to the latest CBI Industrial Trends Survey. The survey of 296 manufacturers also found that output increased in 11 of the 17 sub-sectors. However, growth in these sub-sectors was outweighed by sharp […]
The two owners of leading steel fabrications business, Fabrikat, the UK’s leading independent designer and fabricator of lighting columns and guardrails, recently sold the business to a management buy-out (MBO) team in a deal funded by Duke Royalty Limited. Sutton-in-Ashfield based Fabrikat (Nottingham) Limited was formed in 1985 and has grown to become one of […]
Bibby Financial Services (BFS) has provided a £4m invoice discounting facility to investment group Modular Group Investments to support the acquisition of Euramax Solutions Ltd, one of the UK’s leading window and door manufacturers. Servicing both commercial and residential businesses in the UK and Ireland, Euramax specialises in PVCu windows and covers developments of all […]
Surface Transforms, which manufactures next-generation carbon ceramic brake discs for the automotive and aircraft industries, has raised £20m to expand its manufacturing capacity and meet growing demand from automotive customers in a financing round led by Zeus Capital. The raise follows a successful 18 months for Surface Transforms, in which it has secured contracts to […]
29/01/2021
Edition 290 – January/February 2021
It’s the economy By Business Money group editor Robert Lefroy The Long Haul 2...
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