Blog Archives

Orchestra Bristol bought out of administration for £2.25m

June 15, 2011
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Marketing services provider Communisis has paid £2.25m for the trade and assets of Orchestra Bristol Limited, which is currently in administration. OBL is a marketing services operation whose main business involves marketing communication and transactional mailing to support the issuing of around 25m TV licences annually, including some associated with...

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MEPs to check out Outset Bristol

June 15, 2011
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Outset Bristol, a two-year project launched last November to offer free business start-up training and support to people living within Bristol City Council’s boundaries, is hosting a visit by a delegation of seven MEPs tomorrow. Outset has more than 200 people on its books and has helped to create...

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Nanotechnology specialist buys foreign rivals

June 15, 2011
By
Product-Montage

Oxford Instruments, a leading provider of high technology tools and systems for industry and research, has spent more than £40m acquiring nanotechnology companies in Germany and the US.  The Oxfordshire-based group, which has a plasma technology subsidiary focused on the engineering of micro and nano structures, at Yatton, North...

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Hotels find room for improvement

June 15, 2011
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Bristol's hotels had a quiet April despite what should have been a winning combination of three Bank Holidays, warm weather and tourist interest in the royal wedding.   Figures released by accountants PKF show occupancy was up just 0.3% to 67.4% compared with April, 2010 but rooms yield fell...

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Thatchers boost production with new plant

June 14, 2011
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Thatchers Bottling Hall 2011

Cider makers Thatchers have taken another step towards growing volume sales by a remarkable 25% this year following the installation of one of the most advanced bottling and packaging facilities in the UK.    The North Somerset company has invested £2.5m in cutting-edge Krones machinery to fill, cap and label...

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Ultimate investor raises stake

June 13, 2011
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Ultimate Finance, the Bristol-based factoring specialist which helps small to medium size enterprises (SMEs)  manage their cash flow, today dismissed any thought of a takeover developing following the Stock Exchange announcement this morning that Helium Special Situations Fund has increased its stake in the company to 19.4%.  Chief executive...

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Thai Airways orders add up for Airbus

June 13, 2011
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Thai Airways, which has ambitions to become one of the world's top five airlines, has unveiled plans ahead of the Paris Air Show to acquire a combination of 37 Airbus and Boeing aircraft worth £2.4bn ($3.9bn). It plans to buy 15 aircraft and lease 22. The planned purchases include six...

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Suitors line up for Bristol Water

June 13, 2011
By
tap-water

Japanese trading conglomerate Mitsui and Wessex Water are both in the frame today as possible suitors for Bristol Water. The company, which has 1.1m consumers on its books, was put up for sale earlier this month – with bids due in three weeks. It was snapped up five years...

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Directors win top awards

June 10, 2011
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Two Bristol directors won accolades last night at the IoD South West Director of the Year Awards. Neil Douglas, managing director of control systems specialist Viper Subsea, collected the director of the year award while St Peter's Hospice chief executive Sandie Foxall-Smith was named public sector director of the year.  IoD...

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People

June 10, 2011
By
People

  TLT signs up more young legal beagles Top 100 law firm TLT – which has offices in Bristol and London – has offered roles to almost 90% of its trainee solicitors qualifying this month. Being retained by the firm after completing their two-year training contracts are Duncan Coats,...

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Bank keeps rates on hold again

June 9, 2011
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The Bank of England has kept interest rates at their record low following a flurry of recent data showing the fragile nature of the UK's economic recovery, Rates have been pegged at 0.5% for 27 consecutive months despite spiraling inflation. The move will be welcomed by homeowners and small...

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Bristol Water up for sale?

June 9, 2011
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Bristol Water's Spanish owners, Agbar, have called in US bank Citigroup to advise on a possible sale of the company, according to the Financial Times. The Spanish company, which is majority-owned by France's Suez Environment, could expect to get around £370m from a sale compared to the £362m – including...

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Bristol software firm’s takeover finalised

June 8, 2011
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Shares in Bristol-based marketing software company smartFOCUS have been traded for the last time following its £25.3m acquisition by Emailvision Holdings. The deal, agreed on April 11, saw smartFOCUS shareholders receive 25p a share, representing a premium of 61.3% to the latest closing price.   Separately, smartFOCUS reported an...

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