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BAROMETER UP
portfolio, alongside Mail Boxes Etc and World Options.
▲ Sovereign Beverage Company has become the exclusive global distributor for Greene King. The Blackburn firm has been working with the 200-year-old brewer on a non-exclusive basis, and will now manage the full portfolio worldwide, taking on the final three markets throughout the course of 2023.
▲ Fulwood-based approved inspector Ball & Berry has been acquired by Sveco UK, part of the wider multi-billion-euro Sveco organisation. The firm was established in 2007, operates six offices, employs around 40 people and reported revenues of £3.4m in 2022.
Preston-born financier and co-founder of the BlueCrest Capitals hedge fund. His estimated worth is £11.5bn. Third place is held by the Duke of Westminster and the Grosvenor family, whose £9bn fortune has been made through the Grosvenor property group. The fifth spot is jointly held by Blackburn-born Mohsin and Zuber Issa, founders of the EG Group and owners of supermarket giant Asda.
▲ Stena Line has commissioned the build of two new 147-metre vessels which can run on methanol fuel. The introduction of the new ships will increase the firm’s cargo capacity on its Heysham to Belfast route by 80 per cent while also improving its environmental credentials.
▲ Thornton Cleveleys-based Brown & Co has acquired long-standing Cumbrian accountancy Ingalls of Kendal in a six-figure deal. The acquisition, backed by Mercia’s SME Loans fund, more than doubles the size of the team from eight to 18.
▲ The Broughton-based Santé Group has acquired the client bank from independent insurance broker Keyman Adviser, taking its combined premium book to £30m.
▲ The UK-wide law firm Knights has acquired Baines Wilson. Founded in 1999, Baines Wilson operates offices in Carlisle and Lancaster and employs 24 fee earners. It is Knights’ 20th acquisition since its IPO in 2018 and its first within Lancashire.
▲ Preston-based Pet Hamper has won the contract to supply its luxury gift hampers to guests who bring their dogs to The Prince Akatoki, an exclusive five-star hotel in London.
▲ Four Lancashire business figures have ranked highly in the latest Sunday Times Rich list. Second place is held by Michael Platt, the
▲ Lancaster-based EV charging point platform Fuuse has secured a further £2.5m in funding. The company says that the investment, led by Par Equity and backed by a group of new and existing private investors and entrepreneurs, enables it to aggressively pursue its growth ambitions.
▲ Accrington-based World Options Holdings has acquired international delivery service Pack & Send. It becomes the third brand in the firm’s
▲ A delegation from South Korea has visited Preston to learn more about the city’s approach to community wealth building. Coun Matthew Brown, leader of Preston City Council, welcomed the group, which included six prominent government heads and officials from different provinces and Seoul districts, with a tour of the city. He shared information on the Preston Model’s progressive procurement, commitment to the real living wage and cooperative working.
▲ Blackburn College has secured £2.1m of Office for Students capital funding which will be used to enhance its cyber training suites and healthcare teaching ward. The college will work with local employers to replicate real industry environments to help prepare students for the working world.
▲ Todmorden-based Safespaces, which specialises in the design, manufacture and supply of safe rooms and high-sided beds for individuals with complex needs, has been acquired by Euston Ventures. The full share sale allows directors Jill Morony and Sue King to retire.
▲ Twin Lakes, which has planning permission for 54 holiday lodges to the north of Carnforth, has secured a £2m development loan from Blackfinch Property to complete their build.
▲ The Blackpool Laundry Company has been appointed by the North of England Commercial Procurement Collaborative, enabling it to provide its specialist cleaning services to the NHS.
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