New proposal presented for Leicester Market

0
A new proposal for the future of Leicester Market has gone out to consultation, after work on the city’s market place was paused earlier this year. The city council is now proposing a scheme that would return Leicester’s historic market to its old site – but would also create a new event space in the heart of the city centre. City Mayor Peter Soulsby said: “When I asked for work to be paused so we could reconsider the potential for this wonderful site, I put forward a proposal to relocate the market and transform the market place into a space that would become the focal point for festivals, events and celebrations in Leicester. “While this was welcomed by many people – including local businesses and representatives of the heritage sector – it was clear that the market traders themselves felt strongly about returning to the site where they’d stood for generations. “Our design team has now come up with a scheme that would allow the market to return to the traders’ favoured site, while keeping the market place as a flexible space for public events – as it was for hundreds of years. “We’re now inviting the market traders and people in Leicester to comment on this new proposal. Their feedback will help inform the final decision, paving the way for a scheme that I hope will bring new life to Leicester’s market place and help regenerate the wider area.”
Image credit: Leicester City Council
The latest proposal shows a new home for Leicester Market in a light and airy structure, adjacent to the existing food hall. Automated shutters would secure the market when it was not in use, while its 48 stalls could be fully dismantled and cleared away to provide room for a bar area, for example, if the event space was being used for an outdoor concert. The whole site would be paved in high-quality porphyry, with colourful planters helping to create an attractive, versatile event space that could host festivals, live music or speciality markets. With food and drink driving footfall to markets across the country, and to complement the range of produce on sale in the neighbouring food hall, it’s proposed that the new market would also be food-focused, with stalls prioritised for those selling fruit, vegetables and high-quality food from around the world. “Food is already the cornerstone of what’s on offer at Leicester Market, with around two-thirds of the occupied stalls selling fruit, vegetables and other foods,” said the City Mayor. “This redevelopment would give us an opportunity to build on that. “A broader range of quality produce, featuring baked goods or street food, for example, could help shape the vibrant market we all want to create. “So I’m convinced that Leicester Market does have a bright future. Our role now is to create the right environment for it to thrive – and ensure it provides a unique shopping experience that attracts both visitors and regular shoppers.”
If given the go-ahead, the new event space could be paved and completed by early 2026, with the new market building opening by spring/summer 2027. Traders could continue to operate from Green Dragon Square until then. The consultation can be found here. People have until 23:59 on Monday 9 December to submit their views.
Image credit: Leicester City Council

Grant Thornton makes partner promotion

Accountancy and Business Advisory firm Grant Thornton has promoted Jess Fountain to Partner, where she is one of the leaders of the Midlands-based tax team. A tax specialist, Jess has been with the firm for eight years and works extensively with privately owned and private equity backed clients advising on acquisitions, disposals, and expansion strategies. Jess specialises in being a trusted adviser to growing businesses, supporting them to navigate the often complex tax landscape as their business develops. Unusually, this career milestone promotion arrived when Jess was away from work. She completed her final interview in the partnership process just three weeks before starting maternity leave, with the confirmation arriving while she was on the break. “I spend most of my time supporting businesses to achieve their strategic goals, so it feels great to have achieved one of my own personal goals,” said Jess. “The last eight years have shot by, and Grant Thornton’s empowering culture has helped me greatly in my progression. This is a people-friendly environment, where everything is focused on creating the right conditions for you to excel in your role.” She added: “Anyone who makes it to partner understands that the achievement reflects a great deal hard work, dedication, and commitment. I hope other women pursuing careers in finance receive the same level of support I have enjoyed. “I was somewhat anxious about how pregnancy and motherhood might impact my career, but Grant Thornton reassured me throughout the process.” Matt Buckingham, Practice Leader of Grant Thornton in the Midlands, adds: “Jess is a gifted professional advisor who makes a valuable contribution to everything we are doing in one of the most dynamic parts of the marketplace. “Grant Thornton places a huge focus on ensuring we have an inclusive and diverse workplace where everyone has an opportunity to thrive, regardless of gender, ethnic or socio-economic background, sexual orientation or neurodiversity. “It is particularly pleasing that Jess joined our Partnership team whilst on maternity leave. Jess further strengthens our local senior leadership team.”

Van Elle swoops for Scottish firm

0

Van Elle, the Nottinghamshire-based ground engineering contractor, has acquired Albion Drilling Holdings Limited, a specialist piling and drilling business, for total consideration of up to £3.5m.

Based in Stirling, Albion is a specialist piling and drilling business with a strong track record of delivering complex infrastructure projects across Scotland. The business is privately owned, founded in 1986, providing a range of specialist piling, technical drilling and geotechnical engineering including quarry and close-proximity blasting, marine drilling, ground stabilisation and rock anchoring. 

Albion is a complementary and strategically aligned bolt-on acquisition, which expands Van Elle’s presence in Scotland and further extends the Group’s technical capabilities. The business has a high-quality rig fleet and skilled workforce, and a strong track record in infrastructure projects, with a blue-chip customer base that complements the Group’s.

Albion’s track record in the energy sector aligns to the Group’s strategy, where Van Elle is currently delivering two energy infrastructure schemes in Scotland and expects to mobilise further, larger schemes in early 2025.

Albion will be aligned to the Group’s Specialist Piling division, which shares a similar operating model. The Group will co-locate its facilities at Stirling and integrate its resource to grow its Scotland-based capability to meet the demand of a series of major long-term opportunities. 

Managing Director, Jim King, and the entire workforce consisting of 31 employees will become part of the Van Elle Group, and the business will continue to operate under the Albion brand. Jim King will assume a wider role as Van Elle’s director for Scotland, reporting to Chief Operating Officer, Malcolm O’Sullivan.

Chief Executive, Mark Cutler, said:The acquisition of Albion represents an exciting and important step towards the delivery of our growth strategy in the energy sector. It also broadens the Group’s range of specialist capabilities and customer base.

“Albion is a highly regarded specialist contractor with complementary capabilities and an experienced workforce who will fit perfectly into the Group’s operating structure. May I welcome Jim King our new Scotland director, and all Albion employees to the Van Elle Group.”

Leicester-headquartered Pick Everard acquired by Artelia

Artelia has acquired 100% of the shares of Leicester-headquartered Pick Everard, a major multidisciplinary player in the UK construction consultancy sector for over 150 years. Following the acquisition of Austin Newport Group in Birmingham in 2020, and Castons in Suffolk in March 2024, Artelia accelerates its development in the UK with almost 1,000 employees. The Group consolidates its foothold in Europe where it ranks among the Top 10 construction engineering companies. For Pick Everard, joining Artelia represents a unique opportunity to expand into new activities and markets, benefiting from the group multi-sectorial expertise and presence in over 40 countries over the 5 continents. The Artelia Group now has over 9,700 employees worldwide to support its clients in all their projects for infrastructure, buildings and industrial facilities, as well as ecological and digital transformation. Pick Everard’s multidisciplinary teams provide a full range of design and management services to clients across the built environment and infrastructure markets. With a strong focus on customer service and technical excellence, the firm maintains a repeat business rate of over 85%. This has led to Pick Everard enjoying a strong period of sustained growth, achieving a turnover of £71m in 2024. Operating across both the public and private sectors, Pick Everard is a partner on over 60 live frameworks worth over £46bn. As a shareholder of Perfect Circle, Pick Everard is appointed to Scape’s Consultancy Services and Utilities Frameworks, providing efficient and flexible procurement solutions across the public and utilities sectors. Through its trusted relationships, and framework appointments, Pick Everard has delivered services to major clients including UK Parliament, Ministry of Justice, Defence Infrastructure Organisation, Severn Trent Water, XLCC, Defence and Science Technology Laboratory, Royal Mail Group and Selfridges. As for the historical Artelia teams in the UK, they benefit from solid experience in building engineering and project management, particularly in the healthcare, heritage, hospitality, education, retail and alternative energy sectors. They are involved, for example, as lead multi-disciplinary consultant on the new state-of-the-art hospital for the West Suffolk NHS Foundation Trust and work with the property strategy team of the Whittington Health NHS Trust to redefine maternity services in North Central London. They have also been fully embedded in a five-year development project to conserve and safeguard Canterbury Cathedral and its heritage for future generations. On the conclusion of this acquisition, Artelia’s Chief Executive Officer Benoît Clocheret said: “This external growth operation is fully in line with Artelia’s strategy to develop at a sustained pace in order to reinforce its position as a multidisciplinary leader on the international scene. “By joining forces with Pick Everard, we broaden our skills in architecture and design engineering and strengthen our foothold in the UK, where we have already been present for over 20 years. With its solid economy and strong engineering culture, the UK market offers real growth prospects, whether in healthcare, infrastructure or industry. “Driven by our shared values of independence, proximity to our clients and technical excellence, I am deeply convinced that this merger will consolidate our Group’s development momentum, bringing new services to an increasingly broad UK market, as well as stimulating career development opportunities for our teams.” Duncan Green, Chief Executive Officer of Pick Everard, said: “Joining the Artelia Group unlocks the next exciting phase of Pick Everard’s long history. The strategic alignment of the two businesses will further enhance Pick Everard’s well-established position, providing the foundation for further growth and success, through diversification of our offer, and access to new clients and markets within the UK and abroad. “This move immediately expands our network of colleagues from over 700 people in the UK, to 9,700 people across the Artelia Group, and creates new opportunities to collaborate and share in best practice, innovation and expertise that will benefit clients world-wide. “Culture alignment has been critical in our decision to join the Artelia Group, as we’ve sought a partner that is 100% employee-owned and with whom we share the same core values. In Artelia, we have found an organisation that echoes Pick Everard’s commitment to deliver better together for its people, clients, communities and the environment.”

New Chief Executive for East Midlands Combined County Authority

Amy Harhoff is set to be appointed as the first permanent Chief Executive for the East Midlands Combined County Authority (EMCCA). Amy will join EMCCA from Durham County Council, where she has been Corporate Director for regeneration, economy and growth for the past four years. She has also worked at senior level at Sandwell Council in the West Midlands, South Yorkshire Combined Authority and Transport for Greater Manchester. As EMCCA’s Chief Executive she will be responsible for leading the organisation’s work on regional transport, housing, economic development, Net Zero, jobs and skills priorities. The appointment means that EMCCA is the only Mayoral combined authority in the country with two women in its most senior roles. Amy said: “I’m delighted to be joining EMCCA at such an important time for the East Midlands – this is a once in a generation opportunity to deliver real change across the region. “The potential is unrivalled – The East Midlands is an exceptional place, with international investment clusters, visitor and heritage destinations and talent. “We are a new model nationally, trailblazing the way as the East Midlands has so many times before and we are determined to deliver outcomes for our region. I’m delighted to work with Mayor Claire and really looking forward to working in partnership with colleagues in local authorities, our businesses and many amazing enterprises to succeed in the challenge.” Mayor of the East Midlands, Claire Ward said: “I’m very pleased to welcome Amy as our first permanent Chief Executive after a very rigorous recruitment process aimed at making sure we found the best person for the job. “Amy’s experience, knowledge and passion for supporting strong, proud, and sustainable places makes her an ideal Chief Executive for EMCCA. “This is a vital role for our region and she will play a key part in working with me and partners across the East Midlands as we make it the best place to live, work and learn. “I’d also like to thank our current interim Chief Executive, Mark Rogers, who has played such an important part in our devolution journey and the creation of EMCCA. He has put in place strong foundations for Amy to build on.” The appointment is set to be formally approved by the EMCCA Board at its next meeting on 4 November. Amy is expected to take up her appointment in the new year.

Co-op offers £5,000 reward for new store sites in Leicestershire and Nottinghamshire

0
Lincolnshire Co-op has taken a radical step in its search for about 30 new stores by offering a £5,000 finder’s fee to anyone who can identify a suitable location including in Leicestershire and Nottinghamshire. It has pledged to pay the money when stores are opened on the identified sites as it seeks to expand its food business by about a third. Following a £1.8m investment, Laceby Food Store near Grimsby opened in late June,  and Scartho Food Store, also near Grimsby, opens this week. As well as building new stores, the Co-op is open to renovating existing buildings, taking on freehold and leasehold sites, and business acquisitions. The retailer has expressed interest in sites within Lincolnshire, Nottinghamshire, South Yorkshire, Cambridgeshire, Leicestershire, and North Norfolk. Steve Leach, Lincolnshire Co-op’s COO, said: “We have an ambition to be the UK’s fastest growing co-operative, and we’re keen to deliver even more valued services. “We’re driven by our purpose, which is to make life better in our communities. Having a presence in more communities means we’re able to make even more of an impact.”

Manufacturer of specialist adhesive tapes takes next step in growth journey, securing large debt investment

Advance Tapes, a manufacturer of specialist adhesive tapes, has taken the next step in its growth journey, securing a large debt investment from the Midlands Engine Investment Fund II. The independent manufacturer has secured a £500,000 debt investment facilitated by the fund’s appointed fund manager for the East and South East Midlands, Maven Capital Partners (Maven). Maven previously backed Advance Tapes in 2019, providing £600,000 of funding through the first Midlands Engine Investment Fund (MEIF I), which enabled the business to expand its client base and invest in further product development. Established in Leicester 60 years ago, Advanced Tapes continues to grow both nationally, in the UK, and internationally, across parts of Europe. This new funding through the Midlands Engine Investment Fund II will provide further working capital for the business, as well as help it expand into new sectors. The funding will also support the growth of its own branded and white-label specialist adhesive tapes and create new jobs at its manufacturing sites in Leicester. The Specialty Tapes Market was valued at over $55 billion in 2023 and is estimated to register a CAGR of over 6.5% between 2024 and 2032 (Source: GM Insights). The £400 million Midlands Engine Investment Fund II was launched in February 2024 and covers the entire Midlands region, providing debt finance from £25k to £2m and equity investment up to £5m to help a range of small and medium sized businesses to start up, scale up or stay ahead. Kym Ellington, Finance Director at Advance Tapes, said: “Myself and my fellow directors at Advance Tapes are delighted to have gained repeated investment from the British Business Bank’s Midlands Engine Investment Fund. “I would like to thank Sajid Sabir and the rest of the team at Maven for their hard work and first-class support during this process. The realisation of this working capital will allow us to continue to embed the brand both at home and internationally and provide a platform for growth.” Sajid Sabir, Investment Manager at Maven, said: “Since we first invested in the business in 2019, Advance Tapes have experienced significant growth, winning a number of key contracts with clients both in the UK and globally. “We are delighted to be able to support them with additional funding through the Midlands Engine Investment Fund II to help it capitalise on market tailwinds and scale further.”

Housebuilder acquires land for 65 new homes in Leicestershire village

0
Housebuilder Allison Homes East Midlands has acquired land for 65 new homes in the Leicestershire village of Rearsby. This is the fourth site secured by the developer’s newest region, which is based in Castle Donington and operating across the whole East Midlands area. The upcoming development is located on Gaddesby Lane and spans just over eight acres. Allison Homes East Midlands will be delivering a total of 65 new energy efficient homes, which have been crafted to meet the aspirations of future homeowners and designed based on in-depth research into their priorities and values. 39 properties will be available through open market sale and 26 will be affordable homes. As part of its commitment to Leicestershire and the Rearsby community, the housebuilder will be making contributions worth over £190,000, which will go towards improving local health care, education services, libraries, outdoor sports facilities, allotments and public transport services. Construction work is due to commence in summer 2025. The site will be built alongside recently acquired schemes in Shepshed, Anstey and Stanton-under-Bardon, taking the total number of homes Allison Homes East Midlands will be providing in Leicestershire to over 200. Karl Edwards, Operations Director at Allison Homes East Midlands, said: “I am immensely proud of the East Midlands team for securing our fourth site in Leicestershire. This will be a fantastic development, delivering high specification homes, community benefits and a variety of employment and training opportunities. “It has been a pleasure to work with Clarendon Land and Fisher German on this acquisition, and now we cannot wait to introduce ourselves to the Rearsby community.”

Caffè Nero buys Nottingham’s 200 Degrees

Premium coffee house brand Caffè Nero has purchased Nottingham-based coffee brand 200 Degrees. Founded in 2012 in Nottingham by Rob Darby and Tom Vincent, 200 Degrees has grown into a 21-store Midlands-based coffee brand. In addition to stores, the business has its own roastery and operates an online e-commerce channel selling directly to customers at home, including a subscription offering. 200 Degrees also operates a wholesale arm, serving over 500 wholesale customers. 200 Degrees joins The Nero Group and will sit alongside the Group’s other brands: Caffè Nero, Coffee#1, Harris+Hoole and Aroma, making it the fifth brand in the Group. The Nero Group aims to expand the 200 Degrees brand as part of its growth strategy in the UK. The Nero Group Founder and Group CEO Gerry Ford said: “I’m delighted to welcome 200 Degrees into the Caffè Nero family. It is a fantastic brand with an emphasis on great coffee and service combined with a local community-based feel which matches perfectly the ethos of The Nero Group. “200 Degrees has a solid, loyal customer base and has developed a strong regional position. Our intention is to support 200 Degrees to continue its growth journey and allow the brand to operate separately alongside the other brands in The Nero Group.” 200 Degrees’ Managing Director Stephen Fern said: “We are thrilled that the strong market position and growth potential of 200 Degrees has been recognised within the sector, and we are excited to see where our brand can go now that we have become part of The Nero Group family. “The Nero Group is a great partner for us with its commitment to premium coffee and its strong values as a family-owned company. 200 Degrees itself is a premium brand with a commitment to delivering great experiences. “The four pillars of our business – our shops, wholesale, e-commerce platform and barista schools – have been bringing better coffee to millions of people across the UK for the last 12 years, delivering excellent customer service and a commitment to breaking down the barriers within speciality coffee. “With this new partnership, we look forward to introducing even more people to our beans, our people and our passion for creating experiences to remember.”

Long Eaton-headquartered nursery group acquired

Storal has acquired Long Eaton-headquartered Children 1st group. Founded in 1988 by Margaret Mason OBE, Children 1st operates 24 nurseries and a training centre in the Midlands and South Yorkshire. Margaret has been one of the leading lights in Early Years education for more than three decades – earning an OBE for her commitment to raising standards in Early-years education. She will continue her work with children through her charity, The Margaret Mason Children 1st Trust, which supports children and families in her local community. Speaking about her decision to sell to Storal, Margaret said: “I can’t imagine it in better hands. It’s been my focus for so many years and I’m delighted that it will continue to flourish under Storal’s management. “I’m so proud of the amazing and experienced team who have built Children 1st alongside me for so long, and I’m confident that Sarah is the right person to lead them and the business into the future, with her experience and long-term commitment to delivering quality provision and team wellbeing. “I also know from our discussions that Storal share our core values, and has the backing and resources to move what we’ve built at Children 1st forward.” Of the acquisition, which will see 23 of the Children 1st nurseries join Storal, Sarah Mackenzie, Chief Executive of Storal, said: “I’ve been following Children 1st for many years. Throughout my career, I’ve looked to Children 1st as one of the great pioneers of high-quality early-years education in the sector. “I have enormous admiration for everything Margaret has built and believe she has created an everlasting legacy – both at Children 1st and in the wider sector. After 36 years, she is now handing the reins to us, and this isn’t a responsibility we take lightly. “We want to create more milestones in their Magic Story and continue her pioneering work in the sector, supporting and fighting for the teams of educators around the UK who deliver such vital work, and the families, children and communities we serve.” With the addition of Children 1st’s nurseries, Storal’s enlarged group will become one of the largest nursery groups in the sector, offering over 5,000 places across 56 Ofsted registered settings which they operate as 53 nurseries.