Member News

Accountancy Business Drives Growth with Funding from Barclays Acquisition for Durham Based Professional Firm

Posted on the 26 June 2019

A County Durham based accountancy business has launched with a new name following buy-in from a new partner with funding from Barclays.  Local Accountants Paul and Laura Smith have successfully negotiated a deal to become the new partners of former Stanley and Spennymo...

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The Lakes Distillery Announces £3.75 Million Investment.

Posted on the 25 June 2019

The Lakes Distillery announces it has secured a £3.75 million investment from a group of investors led by Gresham House Asset Management, a specialist equity investment and asset management company. Joining existing investors and high-net-worth individuals, who recently mad...

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Osbit Delivers Class Leading Subsea Plough to Global Marine Group

Posted on the 25 June 2019

Osbit Limited has successfully delivered an advanced multi-function pre-lay and backfill subsea plough to Global Marine Group. The offshore technology company has designed and built the plough, which will now be known as PLP240, over a 20-week programme, following contract a...

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New Operations Manager Appointed as Growth Continues

Posted on the 24 June 2019

Redcar-based Lynas Engineers has announced the appointment of Lee Smith as operations manager, as it continues to build its presence throughout the region. Established in 2016, Lynas Engineers specialises in civil engineering design, infrastructure design, highways enginee...

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Sunderland Celebrates 100 Years of Learning Disability Nursing

Posted on the 24 June 2019

“I want to make a difference to the lives of people with learning disabilities and hope others see how rewarding it is to support their healthcare needs.” That’s the message from Nicola Tracey, one of the first students to sign up to the University of Sunderland’s new...

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Star Struck by a Better Telly-phant

Posted on the 19 June 2019

ONE of the businesses backing Elmer’s Great North Parade came face to face with some of the region’s best loved stars – on the back of an elephant. Greenwich Leisure Limited, a social enterprise which runs six Better Leisure facilities across Newcastle including Better Eld...

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Shipping Containers Firm Set for Further Business with New North East Site

Posted on the 19 June 2019

Local shipping containers firm Parsons Containers Group has opened a new 2.2-acre site in the region representing a major step change for the growing business.Situated under the Tees flyover, the strategically important location now hosts both a container sales office and an addi...

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Network Rail Appoint Guerilla

Posted on the 18 June 2019

Award winning brand communications agency Guerilla have won a pitch to develop an integrated campaign designed to communicate the benefits that the National Railway, Upgrade Plan investment is bringing to passengers. The Newcastle based agency was selected following the succe...

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Local Business Punjab Kitchen and Bidfood Acquisition Deal Sealed with Advice from Square One Law and KPMG

Posted on the 18 June 2019

South Shields business The Punjab Kitchen Ltd, one of the UK’s leading suppliers of individually plated, dietary-specific and texture-modified meals, has been acquired by international foodservice distributor, Bidfood. North East commercial law firm, Square One Law and KPMG...

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Animmersion Increases its International Export Across the Pond

Posted on the 17 June 2019

Animmersion has experienced a 40 per cent growth in enquiries from the United States in recent months.This year, that figure will account for a quarter of its turnover. The Middlesbrough-based company has secured six new clients from across the US providing its digital visualisat...

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