Alliance Pharma, the Chippenham-based speciality pharmaceutical group, has expanded its portfolio by paying £2.4m to acquire the UK marketing rights to six products from Beacon Pharmaceuticals. In the year to April 30 the products had total sales of approximately £2m and gross margin of £900,000, mainly from severe acne treatment Rizuderm (isotretinoin) which fits...
South West manufacturers have achieved healthy growth figures despite the increasingly fragile nature of the wider economic recovery. The upbeat picture emerges from a major survey by EEF, the manufacturers’ organisation, and accountants BDO. It shows 45% of the region’s manufacturing firms taking part in the survey reporting higher output and 41% saying they achieved...
Would-be West of England music business entrepreneurs and musicians can find out how to break into the international music industry at a masterclass being held on Thursday. The event in Bristol is part of a roadshow staged by UK Trade & Investment (UKTI), the Government’s international trade arm, and supported by leading music industry...
More than a third of South West bosses will bow to the inevitable and allow rugby-keen employees to work flexitime during the upcoming World Cup in New Zealand. Interest in the competition, which begins on Friday and runs until October 23, is expected to be high. But nine in 10 UK bosses don’t...
CFH, the Radstock-based document management firm, is continuing to expand after signing a new funding arrangement with Clydesdale Bank. The agreement means CFH can further increase development of its pioneering Docmail fulfillment service which, since 2008, has grown by more than 20% per quarter, and adds more than £3m a year to CFH’s £28m...
Times may be hard but the vast majority of private equity houses expect the number of new buyouts to hold up in the coming months, according to Grant Thornton's latest Private Equity Barometer. The chartered accountants say, however, that although there has been little difficulty in funding new deals only a small proportion have been...
CBI director general John Cridland will be guest speaker at this year’s CBI South West annual dinner. Mr Cridland is a key spokesman for the business community in the media, on public platforms and with Government, leads the CBI, the voice of UK business, and represents it internationally. The black-tie dinner, on November 3...
Developer Cotswold Homes, based at Tormarton, has won a planning battle to build 10 three-bedroom town houses and two pairs of semi-detached three-bedroom homes on a former North Somerset coach depot. CJH Land brokered the site’s sale with a view to replacing derelict commercial buildings at the former Starline coach depot in Clevedon with 14 new homes...
West of England farmers looking to invest in renewable energy projects can apply for finance from a new £100m fund launched by Barclays Bank. The fund has been set up to cater for the massive groundswell of interest from farmers seeking to cut energy bills and generate new income. New figures released by Barclays...
The Bath and Bristol offices of chartered accountantcy firm Target are celebrating a combined 20% increase in turnover. The Bath-based firm’s results for the year to June also show national turnover rose by 10% to £13.3m, making it the UK's 45th largest accountancy firm. Target, which recently opened its corporate finance office in Bristol,...
