BGF makes partner appointment in the Midlands

BGF investor Seb Saywood has been promoted to partner, as part of BGF’s transition to partner titles. Seb has played a crucial role in BGF’s investments across a wide range of sectors, building strong relationships with entrepreneurs and management teams. He will lead BGF’s investment teams in the Midlands, located in Nottingham and Birmingham. Seb joined BGF in 2018 and has led several high-profile investments in the Midlands region including Jola Cloud Solutions, Metpro and Blue Light Card. Jon Earl, who leads portfolio team activity in Midlands, has also transitioned to partner title. Jon has played a key role in supporting portfolio companies and their growth strategies across the region. The transition to partner titles is an evolution for BGF’s Investment and Portfolio teams, aimed at providing greater transparency around career progression and fostering further collaboration. Seb Saywood said: “I am pleased to take on this expanded role and continue working with an exceptional team that is dedicated to fostering growth and innovation in the Midlands. The transition to Partner titles is a testament to BGF’s commitment to investing in its people and strengthening our collaborative approach.” Andy Gregory, CEO of BGF, added: “These appointments reflect our ongoing commitment to empowering our teams to thrive at both a regional and national level. They mark a significant milestone for BGF, strengthening our company-wide leadership capabilities and supporting our mission to drive long-term value through a collaborative culture.”

Van Elle secures £30m partnership with Wood Transmission & Distribution

Van Elle, the Nottinghamshire-headquartered ground engineering contractor, has signed an eight-year partnering agreement with Wood Transmission & Distribution to deliver ground investigation, design and construction activities for piling and foundations across several transmission schemes as part of Ofgem’s Accelerated Strategic Transmission Investment (ASTI) programme.

Subject to performance, the partnership is expected to be worth in excess of £30m to Van Elle over that period.

Works have commenced on initial projects in New Cumnock, Argyll and most recently at Beauly-Loch Buidhe where ground investigation works are mobilising throughout January for 240 towers to be constructed in 2026-27.

Chief Executive, Mark Cutler, said: “Wood has been a long-standing customer for Van Elle, so we are delighted to announce this partnering agreement to help deliver part of the significant scale of energy infrastructure in Scotland together over the coming years.

“Our breadth of capability allows us to integrate ground investigation, design and piling and foundation solutions best suited to the project requirements. Initial works have commenced, and activity levels will now increase as other schemes are mobilised across Scotland. 

“Our recent acquisition of Albion Drilling based in Stirling will support with a local resource base and specialist skills needed to deliver these important commitments, often in remote and challenging locations.

“This agreement is the first of a number that we anticipate in this growing sector; reinforcing our confidence in our medium-term ambitions.”

Pride Park move for construction firm

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A growing construction firm has leased space at Derby’s Pride Park, at 36 Royal Scot Road. Gratton Construction Ltd are the new occupiers who acquired the space in order to expand their administrative and logistical functions across the region, allowing the company to deliver services like property maintenance, refurbishments, repairs, void management, and residential development efficiently. Cameron Godfrey, of BB&J Commercial, the agent responsible for the deal, said: “I’m pleased to have facilitated an agreement between our retained client and Gratton Construction Ltd within just two months, prior to which we had received numerous offers from local and regional businesses, further highlighting the strong demand for versatile commercial properties like 36 Royal Scot Road. “Pride Park remains a premier location for businesses looking to capitalise on its excellent transport links. I’m pleased to have helped my client acquire a strong tenant in Gratton Construction and I look forward to seeing how they grow over the next few years.”

Office building sold at Nottingham Business Park

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H4 Ash Tree Court on Nottingham Business Park has been sold to CadXtra, a multi-disciplined Design Consultancy. H4 is a self-contained, mid-terraced office building situated across two floors, comprising 2,350 sq ft. Prior to the sale, the property underwent extensive refurbishment. FHP collaborated with a private client to secure the sale. Despite initial limited interest, demand eventually increased. This interest led to best and final offers, resulting in a strong sale price that set a new benchmark for freehold values within close proximity to the subject property. CadXtra, the purchaser, had been searching for an ideal office space for some time and found H4 Ash Tree Court to be the perfect fit. FHP have also secured a new letting at G6 Ash Tree Court, which is currently under offer and expected to complete in the coming weeks. Additionally, there is interest in the remaining office suite at H7, which is available as an investment opportunity. Amy Howard, Surveyor at FHP Property Consultants, said: “It was a great result to finalise this sale for my client. After a slow start, we soon attracted a strong level of enquiries for both rental and purchase options. We secured an excellent sale price for my client and it was a pleasure to work alongside CadXtra in the sale, helping them find their ideal office space.”

Rolls-Royce SMR prepares for next meet the buyer event

Rolls-Royce SMR is gearing up for another supplier event, the latest in a series of conferences and ‘meet the buyer’ sessions, designed to create the diverse and resilient supply chain necessary to deploy a global fleet of Rolls-Royce SMR’s factory-built nuclear power plants. Ruth Todd, Rolls-Royce SMR’s Operations and Supply Chain Director, said: “Our Supply Chain Programme was launched at the first Supplier Conference in Sheffield last year, where we were joined by hundreds of representatives from every level of the global supply chain. “The next conference, one of several planned for 2025, will be another important step on our journey as we continue to grow and mature as a project delivery organisation – in the UK and around the world.” Building a world class supply chain, with a strong SME element, is critical to Rolls-Royce SMR’s success and to delivering social value in the communities where it operates, says the company. The Rolls-Royce SMR offers a radically different approach to delivering new nuclear power. Each ‘factory-built’ nuclear power station will provide enough low-carbon electricity to power a million homes for more than 60 years, and will create thousands of long-term, high-skilled jobs.

University of Nottingham partners with food producers to pioneer future of plant-based protein products

Researchers in the Division of Food, Nutrition and Dietetics at the University of Nottingham have been awarded funding to develop the next generation of plant-based protein products.
The funding is part of the UK-Canada Innovate UK initiative that aims to strengthen ties between the UK and Canadian food sectors, fostering innovation as both countries intensify efforts toward achieving net zero and creating more sustainable food supply chains. This collaborative transdisciplinary project will involve three leading research groups from the University of Nottingham, plant-based food producer Jampa’s, as well as the Canadian food manufacturer, Tartistes Jampa’s already has a range of clean label plant-based products focused on delivering great taste and texture. By integrating product reformulation, nutrition science, sensory science and packaging design, the project seeks to maximise the commercial success of the product and provide valuable insights into the broader category, as meat analogues face challenges from consumers. Dr. Qian Yang, project lead at the University of Nottingham, said: “This collaboration represents an exciting step forward in our work developing innovative, sustainable food solutions. “By collaborating with Jampa’s, this grant bridges the gap between cutting edge research and real-world application. It takes a consumer centric approach to develop nutritionally enriched and great-tasting reformulated products that truly resonate with consumers’ needs and preferences.” Dr Yang adds: “This balanced approach will provide valuable insights in the food sector, offering healthier and more sustainable choices for consumers across global market.” Jampa’s is building on its successful, long-standing relationship with the Food Innovation Centre (FIC) who is leading in the product design and development. The project will focus on reformulating Jampa’s current plant-based beef analogue to include local and valorised crops that have potential in both UK and Canadian markets. To enhance nutritional value, the project places a strong emphasis on delivering nutritious plant-based products with high nutrient bioavailability and digestibility. This will be achieved at the University’s Nutritional Composition and Digestibility lab where the team will use recently developed and robust in vitro gastro-intestinal digestion techniques integrated with cutting edge mass spectrometry to evaluate protein and amino acid digestibility. The products will then be subjected to rigorous taste tests with consumers to ensure they are optimised to the highest standards by experts at the Sensory Science Centre. The team will collaborate closely with Jampa’s innovative packaging designers to create a seamless connection with its consumers, ensuring the product characteristics are communicated effectively. Richard Fox, Chef Co-Founder of Jampa’s, said: “Working with the University of Nottingham was an absolute game-changer for our grant application process. We’ve worked with the FIC for a couple of years, and when the IUK call came out and we needed a UK partner, they were the obvious choice. “The entire UoN team provided unwavering support every step of the way from aligning our vision with the grant criteria to bringing together various departments whose expertise would help us achieve project objectives and create a strong proposal. “They helped us clarify our proposal in an impactful way, and their guidance on data, formatting, IP, and deadlines ensured our application was polished and professional. What stood out most was their genuine investment in our success—they truly became partners in our journey.”

2025 Business Predictions: Andrew Bridge, Managing Partner of Fisher German

It’s that time of year, when Business Link Magazine invites the region’s business leaders to offer up their predictions for the year ahead.  It has become something of a tradition, given that we’ve been doing this now for over 30 years. Here we speak to Andrew Bridge, Managing Partner at property consultancy Fisher German. Despite a challenging picture for businesses following the Budget in October, there will still be potential for growth in 2025. The recent NPPF reforms were welcome, but it remains to be seen how effective it will be in delivering the housing the country needs. Inflation and interest rates may continue to slow down the residential market, with the cost of borrowing being a major factor in successful transactions. Commercial growth may also be hindered by a lack of land supply and reliable grid connections, making it difficult for companies to expand. However, the rise in national insurance contributions, while challenging for many businesses, could actually result in opportunities for further work. The National Wealth Fund, a government initiative set up to attract private investment in clean energy and growth industries, is set to invest a further £5.8bn of capital into these projects during this Parliament, which the increase in NICs should help pay for. Whether directly or indirectly, the private sector will be able to contribute to the delivery of these large-scale projects and benefit as a result. Beyond this, businesses will increasingly look to AI to solve their productivity issues, with early adopters likely to reap the most rewards. And looking further ahead into 2026, a planned amendment to banking regulations could free up further access to loans for SMEs and infrastructure projects, with the potential to stimulate property prices.

Nottingham haulage company starts new journey following acquisition

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A freight and courier company described by its acquirer as “a credit to the previous owners” has been sold. Direct Sameday Services was founded in 1999 and utilises a fleet of modern vehicles to provide haulage and courier services across the UK and into Europe. The company is headquartered in Bulwell on the outskirts of Nottingham, with a North West base in Rochdale, specialising in same-day parcel, pallet and tender document deliveries and employing over 60 staff. Westland Assets is the acquirer of Direct Sameday, having been impressed by the business built up by co-founders Ian Gleave and Paul Tomkinson. A lengthy search for a suitable acquisition opportunity by Westland Assets director David Whitefoot culminated in the deal for Direct Sameday. “Of all the ones I have seen in the past two years, this is the best documented and most well-run business I have seen in a long time,” David told Motor Transport. “The business was set up just over 25 years ago and considering the (industry) regulation that has followed since then, it is a credit to the previous owners.” There are now ambitious plans to expand Direct Sameday, with David adding: “We have bought this business with the intention to scale up, not down. “We want to grow the business in 2025 and 2026, make more investments in it and possibly expand it geographically. We have a vision of where we want to take this business. “This strategic investment shows the commitment of investors, vision in the UK transport industry and understanding of all the future challenges ahead. We have full confidence in Direct Sameday Services, which has a bright future ahead in 2025.” The transaction was advised on by KBS Corporate. “I’m delighted with the result we managed to achieve for our clients,” said Joe Norris, KBS Associate Corporate Director. “It was far from easy at times, but I’d like to credit everyone involved in the deal on both the buy and sell side for their hard work and perseverance. “We managed to overcome every issue and arrive at an outcome that worked for everyone.”

New year brings influx of tenants to Ednaston Park Business Centre

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Ednaston Park Business Centre has welcomed an influx of new tenants. With fellow occupiers comprising IT support and service specialists, Wytech Ltd, Bennet Samways Estate Agents, and creative agency, MacMartin, the Business Centre is now also home to L.T. VA Services LTD, EAL Engine Services, Dhesi Conveyancing Limited, D.A. Pak Limited and Gutu Mirror Limited, with more to be announced. Virtual Assistant, Lisa Tenant from L.T. VA Services said: “After spending the last few years working from home with two teenage boys stealing the bandwidth and struggling to separate life from work, sometimes working 17 hours a day, I decided it was time for a change. Ednaston Park has given me that work-life balance I desperately needed, and the great Wi-Fi is an added bonus!” Additionally, Light Science Technologies Holdings PLC (LSTH) have relocated from their office in Ednaston Park Business Centre to the brand new, Ednaston Barns. Completed at the start of 2024, the Barns sit within their own self-contained plot to the side of the Business Centre’s main building. Simon Deacon, CEO at LSTH, said: “Light Science Technologies Holdings PLC was listed on the London Stock Exchange (AIM) 3 years ago and has seen significant growth. “We have taken advantage of moving into the newly refurbished Byre at Ednaston Park Business Centre, which has been finished to a high standard, where we can continue our growth strategy in an idyllic working environment.” In 2022, Clowes demolished the old nunnery living quarters at the back of the main building to create a further three units known as Ednaston Mews which are currently fully occupied. Set in 18-acres of landscaped gardens, Ednaston Park Business Centre was built in the 19th century. Until 2016 it housed the St Mary’s Nursing Home; it was then bought by Clowes Developments in September 2017. Since then, the developer has invested heavily in the property to turn it into modern office accommodation, combining contemporary styling with many of the building’s original period features. Ednaston Park now comprises of flexible commercial space in the form of 29 office suites ranging in size from 54 sq ft to 553 sq ft, available as single or multi-office lets. It also features meeting rooms, a break-out area and landscaped gardens.

Workers in London earn by August what workers in the East Midlands earn in a year

Cities Outlook 2025 today (20 January 2025) shows the stark pay divides in the UK. Average salaries of £49,500 in London are £16,800 above salaries in the East Midlands (£32,700), according to Centre for Cities. This means that the average worker in London has earned by August what the average worker in the East Midlands will take a year to earn. The pay divide primarily results from some cities having far more “cutting edge” private sector jobs and businesses than others. Places with the highest pay such as London and Cambridge have more than twice as many cutting-edge firms and up to three times as many cutting-edge jobs – in sectors like biotech and AI – as low pay places such as Leicester and Mansfield. The scale of the pay divide underlines why 2025 has to be the year the Government delivers on its ambitions to raise economic growth. In Cities Outlook 2025, its latest annual outlook for urban economies in the UK, Centre for Cities urges the Government to follow through on its economic policy programme – including English devolution, the industrial strategy, and planning reforms. Out of the 63 largest towns and cities, nearly all those with above-average salaries for the UK are in the Greater South East, including Reading and Milton Keynes. Just seven places in the rest of the country have salaries above the UK average – Leeds, Warrington, Derby, Swindon, Bristol, Aberdeen and Edinburgh. Cities and towns where workplace wages are low have to address the barriers to growth in cutting-edge parts of their economy. This will require evidence-based assessments on the weaknesses in their local economies, prioritising work in high-skill over high-street activity and investing in fundamentals – such as skills, transport and workspace. Cities Outlook 2025 also emphasises the importance of implementing the proposed changes to the national planning system to make housing delivery easier and quicker. Lowering housing costs is a challenge for cities and large towns with high wages, including London and most places in the Greater South East: half of the ten places with the highest average wages also rank in the ten least affordable housing markets. High housing costs eat into disposable incomes and raise barriers that prevent people moving to these areas to take advantage of the economic opportunities they offer. Andrew Carter, Chief Executive of Centre for Cities, said: “The Government is right to identify boosting economic growth for every part of the country as a top priority. It is the only sustainable route to higher wages. But the stark nature of Cities Outlook’s findings shows an incremental approach is not going to be enough. “Boldness, urgency and scale are crucial. 2025 needs to be year for delivery, particularly on the Government’s Industrial Strategy, framework for English devolution and its reforms to planning. “Bold changes to planning rules can deliver more housing in the most expensive places and in our big cities, where it’s needed most. The Industrial Strategy must prioritise growing the cutting edge of the economy, and avoid calls to do something for all sectors and industries. “And English devolution needs to be fast-tracked so more places, particularly the big cities, have the powers and resources to deliver the pay increases that many parts of the country badly need. “This government has promised more money in people’s pockets. If people across the country are going to earn more by the end of the parliamentary term, then 2025 is year we need to see action and progress on the Government’s growth ambition.”