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© 2024 a Reach plc subsidiary
Exports
14:40, 15 DEC 2023
The EU remains a key market for Welsh exporters
Exports
The value of imported goods into Wales outweighs the value of exports
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Rolls-Royce could sell off electric plane division under plans to cut £4-500m in costs
Aerospace
Business, which already plans up to 2,500 jobs cuts, would like to grow profits from £837m to £2.8bn
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Landmark Teesside wind tech factory firm secures £367m funding deal
Deals
The £500m SeAH Wind UK facility will be the world’s largest monopile facility once it is complete
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In Capri: Boutique beachwear brand prides itself on using recycled materials and never puts surplus stock in the bin
Fashion
Isabelle Alexander owns a stylish swimwear brand with a commitment to end-to-end sustainability
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Taste of US West Coast seafood for Grimsby as Oregon's eyes are on UK market
Food and Drink
New import opportunity eyed as Russian sanctions remain following Ukraine invasion
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Bristol model body parts firm launches technology to boost medical training
Technology
Limbs & Things is a £31m turnover business employing some 200 people at its site in St Philips
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Bristol company wins big at Lloyds Bank British Business Excellence Awards 2023
Exports
Bristol-based baby device firm Rockit Rocker was praised by Chancellor Jeremy Hunt
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Wales has nine new export champions drawn from a wider range of sectors
Exports
They join new existing champions for Wales appointed as part of a UK Government export drive initiative
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Loughborough BRUSH Group acquires Italian transformer parts specialist
Deals
Acquisition of Co.Bo.T is the latest in a series of deals made by BRUSH in recent years
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World's biggest luxury watch retailer Watches of Switzerland plans to double sales and profits
Fashion
US growth is key while UK expansion will include first De Beers boutique outside of London
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Australia Deputy PM and UK Defence Sec tour Rolls-Royce Derby for update on next generation nuclear subs
Ministry of Defence
In the UK the boats will replace seven Astute-class subs and could double size of the hunter-killer fleet
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Tyneside tech firm Test Driven Solutions launches bases in Canada and Poland
Technology
The Newcastle company launched during the pandemic and has seen huge international demand, leading to the overseas expansion
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Pendragon shareholders back £397m US Lithia Motors deal
Deals
Almost 98% of shareholders back plan to sell Evans Halshaw and Stratstone dealerships and CarStore business
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Prax agrees deal for German-led European forecourt network
Deals
Buy-out of Oil! Tankstellen could represent a significant opportunity for British refinery's exports
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Sheffield's ITM Power announces entry into the lucrative US market
Exports
The green hydrogen tech pioneer is now bidding into projects in the US
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Tyneside tech firm Kinewell Energy goes big in Japan at major conference
Exports
The company's software is helping increase the energy production of wind farms around the world
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Mamas & Papas seals deals to take nursery brand into South East Asia
Deals
The Huddersfield nursery name has agreed multi-store agreements with two major retail businesses
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Brown & Brown acquires Berkeley Insurance
Deals
Berkeley chairman and chief executive Tim Maxted will stay on under the deal as will management and staff
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Shares in Pendragon dealer group drop after one of three bidders pulls out of £400m-plus race to buy it
Retail
Shares in Pendragon – which owns Evans Halshaw, Stratstone and CarStore – have doubled following separate buy-out bids
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US car giant behind deal that includes buying Evans Halshaw and Stratstone ups offer from £280m to £397m
Automotive
Pendragon wants to sell-off its Evans Halshaw and Stratstone dealerships and its CarStore business to Lithia Motors
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Ideagen agrees to buy San Francisco business software provider DevonWay
Deals
DevonWay works in sectors such as energy and utilities, advanced manufacturing and nuclear power
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UK Government is ramping up export support to firms in Wales
Exports
It is expanding its export support team in Wales which it said will collaborate with the Welsh Government
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LA soccer team co-founded by Oscar winner Natalie Portman strikes tech deal with UK firm
Technology
Angel City Football Club plays in the National Women's Soccer League
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Hot food display manufacturer Flexeserve unveils US HQ
Food and Drink
UK company has a five year plan to grow US sales to $50 million within five years
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