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Wave of dealmaking sees 123 UK firms taken over by private equity during pandemic - Vimarsana News

Wave of dealmaking sees 123 UK firms taken over by private equity during pandemic

Wave of dealmaking sees 123 UK firms taken over by private equity during pandemic The £6.8bn takeover of Asda by the Issa brothers and TDR Capital was one of the biggest deals of 2020. The pandemic has acted as a catalyst for a wave of private equity takeovers of UK firms, with their value reaching their highest level since the financial crisis.  While coronavirus initially triggered a slowdown in dealmaking, private equity houses gained momentum by the autumn with a string of high-profile and high-value deals.  Some 123 UK companies, including household names Asda, AA and...

Source: cityam.com
Marine-focused company invests $3.7 million in Mount Pleasant expansion - Vimarsana News

Marine-focused company invests $3.7 million in Mount Pleasant expansion

Share A marine signage manufacturing and installation company from the Netherlands is expanding its operations in Charleston County with a $3.7 million investment, that could add 43 jobs to the region. Bourne Group will base its headquarters in Mount Pleasant at 301 Ports Authority Drive, relocating from its previous space in North Charleston’s Navy Yard, a Charleston County Economic Development news release said. Founded in 2007, Bourne Group has an international presence and roots in the maritime industry. The company’s portfolio includes maritime safety signs and service for cruise ...

Severfield makes 'net zero steel' commitment - Vimarsana News

Severfield makes 'net zero steel' commitment

Severfield has committed to using net-zero carbon steel by 2050 after signing up to the SteelZero group. The structural steel specialist will only