Mergers, Acquisitions & Flotation’s / Management Moves / People and Roles
Management Moves
Senior Retail and Online Appointments – O2
O2 is investing 19m to align online and store experiences for customers. It has appointed Bridget Lea as head of stores, and Esther Soto as head of online. A new store format and sales strategy is being trialled in Leeds and, if successful, will be introduced across its retail estate of 250 stores. Turnover £5,968m | 10,532 Employees | 450 Locations | 3 Subsidiaries
New Chairman - Irresistible Materials
Irresistible Materials, the technology company founded by the University of Birmingham, has secured 290k funding from investing shareholders, as well as gaining a new chairman, Stuart McIntosh. The company will use the funding to further develop their photo-resist micro-chip technology.
Sales and Customer Service Appointment - Domino UK
Domino UK, the Cambridge-based printing company, has promoted Mike Hurst to the role of UK Sales Director and appointed Ian Cockett to the position of UK Service Manager. The company is experiencing strong demand for its i-Tech products and is focused on improving its service offering. Turnover £169m | 672 Employees | 3 Locations | 1 Subsidiary.
New Non-Executive Director - Milestone Group
Milestone Group, the London-based digital media company, has raised 50k through an issue of equity, issuing 6.6 million shares at 1p each, in order to settle 16k of loans. The company has also taken on Kevin Everett as non-executive director.
People and Roles
1600 New and Existing Staff - Amazon
Slough based internet retailer, Amazon is to open a central London office in 2013 that will house 1600 new and existing employees. The first phase of the development is due for completion in September 2013 and hundreds of existing staff will move in. When complete the offices will hold 1600 staff. Turnover £208m | 1,872 Employees | 2 Locations
66 New Roles / Business Expansion - Aldermore
Aldermore, a new British Bank, has built a balance sheet of 500m within its asset finance section, bringing their total balance sheet to 2.9bn. The company, chief executive Philip Monks, has also taken on 41 new staff in 2013, and will take on 25 more. Turnover £7.7m | 24 Employees | 2 Locations | 1 Subsidiary
100 New Roles - NXP Semiconductors UK
NXP Semiconductors UK, an electrical components manufacturer based in Stockport, has secured £9.5m in funding from the Regional Growth Fund to support the development of breakthrough material Gallium Nitride. The move will safeguard 400 jobs and create 100 more. Turnover £61m | 498 Employees | 3 Locations
Recruiting Planners / 295 New Roles – Indigo Planning
Indigo Planning which specialises in securing planning consents for UK development projects, has secured approval for Audley Avenue Business Parks to build a 54,724 sq ft supermarket in Newport, Shropshire. The plans will create 295 jobs. Indigo Planning is recruiting planners to join its London office. Turnover £6.4m | 74 Employees | 2 Locations
New role creation including Apprenticeships - JC&C
Northumberland-based JC&C expects turnover to reach 7.5m for the year to July 2013, from 2.9m in 2012. The company has achieved record growth after diversifying into ground works and civils and gaining 3m of new contracts. Employee numbers have risen from 30 to 80 and further recruitment is planned, including apprenticeship.
10 New Roles / Business Expansion - S. C. Motor Factors
S. C. Motor Factors, based in Kent, has created 10 new jobs after opening a new branch in the county, thanks to funding from Lloyds TSB. The company, managing director Jeremy Stopher, will also open another branch in 2014. Turnover £18m | 196 Employees | 1 Location
36 New Roles / Business Expansion - West Bromwich Building Society plans
West Bromwich Building Society plans to take on an extra 36 staff for the first time since it faced near collapse at the height of the financial crisis. The building society are retreating from the commercial property market and concentrating on residential mortgage lending.
800 New Roles / 177 Constructions - Cromarty Firth Port Authority
Cromarty Firth Port Authority has gone out to tender for the civil, marine and infrastructure works at Invergordon Service Base, with costs of around 18 to 20m. The development at an Easter Ross port will create almost 800 new full-time jobs ' with a further 177 jobs during the construction phase.
10 New Roles - Rixonway Kitchens
Dewsbury based Rixonway Kitchens has won new supply contracts worth in excess of 7m in London and the South East. They will make and supply 125,000 kitchen units for social housing organisations over the next 3 years. As a result Rixonway are adding 10 new employees to its kitchen design and survey team and investing £350,000 in a third automated production line.
Potential New Roles - Pure Gym
Budget gym operator Pure Gym is planning to invest £50m in new sites, almost doubling its portfolio, following its acquisition by buyout firm CCMP Capital Advisors in May 2013. The expansion could create employment and business opportunities. Turnover £17m | 1 Location |
Mergers, Acquisitions & Flotation’s
Dominion Technology Gases acquired by Praxair
Praxair Offshore Services Limited has acquired Scotland-based Dominion Technology Gases Investment Limited. The addition of Dominion significantly expands Praxairs oil and gas related capabilities to key global customers in the offshore energy segment. Dominion is a distributor of Praxair gases. Turnover £26m | 76 Employees | 1 Location
UK company Expansion / acquisition plans - Getronics
Getronics, the global ICT services group, has outlined a strategy for UK growth, 12 months after its acquisition by Aurelius Group. Turnover £101m | 1,069 Employees | 5 Locations
Browns Consulting merged with Six Forward
Browns Consulting, the property tax firm based in Bristol has merged with Welsh company Six Forward. The combined company will now strengthen its presence along the M4 and M5 corridors. Company founders Ian and Steve Brown will now join as Six Forward directors.
Merger with Ecommerce Company
Hull-based marketing and design agency Strawberry has merged with ecommerce specialist BSC. The BSC team of Simon Crosby and Matt Weldon have moved to Strawberry's head office to work alongside the agency's existing design and development team. Their move brings the total number of staff in Strawberry's web team to 18. Digital director James Greenwood. Simon Crosby new head of development
Minelco acquired 75% stake in Richmond Refractories
Minelco, the global minerals company with a base in Lincs, has acquired a 75% stake in Sheffield-based brickmaker Richmond Refractories. The company hope to capitalise on demand for recycled bricks. Stan Franey, business area manager for refractory and foundry products, Turnover £78m | 212 Employees | 2 Locations | 2 Subsidiaries
Ocean Media purchased The Wedding Shows UK
The Wedding Shows UK, one of Europe's largest companies in the sector, has been purchased by London-based Ocean Media. The company, director Linda Williams, has venues across the UK and reaches 70,000 brides a year. Ocean will invest heavily in the firm, improving the look of events.
Management Buyout – Node4
Node 4, an I.T business based in Derby, has been purchased by its own management team, in a deal backed by private equity firm LDC. The company, managing director Andrew Gilbert, will now expand by making acquisitions and opening new data centres. Turnover £11m | 45 Employees | 1 Location
Penny Winter – The UK Knack Groupwww.theukknackgroup.co.uk
