11 January 2023
UK Activity Report · Dale, VA · 5 days ago
OTHRFull-time
About the role
Some of the leads included in UK Activity Report in January 2023 include various business expansions, acquisitions, and mergers.
Expansions and Acquisitions
- RSK Group acquired WysePower, a supplier of power solutions.
- Arrow Business Communications Limited acquired Bruhan Ltd, experts in Service Management.
- UP Building Products announced 2023 expansion plans, including opening two new branches.
- Armstrong Watson acquired Newcastle accountancy firm Joseph Miller.
- Absolute Solutions Group was acquired by gap personnel, with plans to expand.
- ScS acquired modular sofa firm Snug in a pre-pack deal, saving 53 jobs.
- Sellier Knightsbridge announced the acquisition of luxury resale platform Worn.
- Teneo to buy UK financial PR firm Tulchan for more than £65mn.
Job Creation and Savings
- An Arts Council grant saved 25 jobs across publicly-run museums and galleries in Leeds.
- A Fife business is creating up to 50 new jobs by establishing a new plant in Glenrothes.
- EVO's acquisition of Complete Business Solutions (CBS) saved more than 600 jobs.
Contractions and Closures
- Nottingham-based contractor Dako Construction filed for administration, putting 30 jobs at risk.
- Amazon to shut three UK warehouses, putting 1,200 jobs at risk.
Investments
- ACAI Outdoorwear received a £3m investment to support its growth.
- BioGrad is to open the UK’s second largest biobank facility as part of a £7.6m HQ investment.