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Investments take toll on profit at Denby parent

 
 
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Investments impact profit at Denby parent

Sales have climbed moderately at the private equity-backed parent of historic Derbyshire pottery maker Denby, although a 'significant' investment into restructuring the group has pushed it into the red, newly filed accounts have revealed. Denby Holdings owns a string of heritage brands, including Burleigh and Poole Pottery.

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Deals

MBO for Leicester energy firm

An energy consultancy based in Leicester has been acquired in a management buyout (MBO).

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BWB uses £250k injection to acquire surveying firm

Midlands engineering and environmental consultancy BWB has acquired a Northampton-based business using a £250,000 funding package from Finance Birmingham.

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Dexel revs up for expansion drive

Family-owned Dexel Tyre and Auto Centre, a provider of MOTs, car repairs and servicing, is expanding in the East Midlands after receiving £1m from NatWest.

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Business

Market challenges fail to dampen Booker Group

Pre-tax profit has spiked by 10 per cent at Wellingborough-headquartered food wholesaler Booker Group, despite a challenging UK grocery market.

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SRA shuts £11m-turnover law firm

An £11m-turnover law firm with almost 20 offices across the UK has been closed by the Solicitors Regulation Authority (SRA), which has alleged there is reason to suspect dishonesty on behalf of the manager or an employee.

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Alumasc business wins US contract

Levolux, the solar shading and screening business owned by Kettering-based Alumasc, has secured a US contract that will add millions of pounds to group revenue.

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Property

Interior firm doubles Nottingham base

A Nottingham interior fittings business is set to double the size of its base in the city following a number of new contract wins.

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Manufacturing

Whitworths fined for finger amputation

Snack supplier Whitworths has been fined after a worker's finger was amputated by a machine at its Wellingborough factory.

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Other News

City Link directors to face criminal charges

Profits soar at Game Digital

WH Smith reports profit rise

 
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