Category : Manufacturing


Rotork agrees to £4.1bn takeover by ABB

Bath-based engineering firm Rotork has agreed to a £4.1bn takeover by Swiss company ABB, with the deal unanimously recommended by Rotork's board and expected to operate as a separate division within ABB's Automation business area.

Rank Group Cuts Jobs Amid Gambling Tax Rise

Rank Group, owner of Grosvenor casino, has cut jobs and costs to offset the impact of Rachel Reeves' online gambling tax increase from 21% to 40%, while also proposing a £5m settlement to the Gambling Commission.

Royal Warrant Holder SFM Technology Rescued

SFM Technology, a Somerset fruit machinery firm with a Royal Warrant, has been rescued from administration by Bramley Precision Aerospace, saving 15 jobs and preserving its legacy.

Halite Energy Group Goes Into Liquidation

Halite Energy Group, which won a legal battle against the UK government for a gas storage facility in Lancashire, has collapsed into liquidation after failing to secure funds to complete the project.

Hull Hydraulics Firm Secures Loan After Son Buyout

East Yorkshire Hydraulics, founded in 1979, has been acquired by founder's son Andrew Kirby and secured a six-figure loan from NPIF II – Mercia Debt Finance to drive expansion and target renewable energy.

Haribo Opens £35m Castleford Expansion

Haribo has launched a £35m expansion at its Castleford site, adding a new warehouse and production line. MP Yvette Cooper opened the facility, which supports 700 local jobs and boosts Yorkshire manufacturing.

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