Shares in SciSys, one of Wiltshire's largest specialist IT firms, have risen after it said it had resolved a potentially damaging funding crisis. In June the Chippenham-headquartered firm, which works with blue-chip clients including Government departments, the BBC and the European Space Agency, warned it was at risk of breaching its banking covenants in...
Wiltshire manufacturing group Avon Rubber is predicting a strong performance next year as its two recent acquisitions and a number of new orders boost earnings. In an update to shareholders, the Melksham-headquartered group – a world leader in products for the protection & defence and dairy industries – said it expects trading in its...
Shares in Latchways, the Devizes-based manufacturer of protection equipment for people working at height, soared by nearly 50% this morning after it announced it had received a £124m takeover offer. The bid has been made by MSA UK Holdings, a subsidiary of US-based safety equipment manufacturer MSA Safety. In a statement to the London...
Swindon firms can help strengthen the town’s reputation as a leading centre for innovation by taking advantage of huge opportunities for funding and support on their doorstep, according to its two MPs. Robert Buckland and Justin Thomlinson met Innovate UK chief executive Ruth McKernan at the Government organisation’s North Star national HQ to hear...
Sales are continuing to grow at Synergy Health, the Swindon-based international medical sterilisation group whose acquisition by a US group is being challenged by regulators. Synergy, which provides specialist outsourced support services to hospitals and health-related businesses, achieved a 9% increase in revenue to £104.2m in the three months to June 28. Underlying revenue,...
First-time exporters from the Swindon area are being invited to explore opportunities in the fast-growing Central and Eastern Europe markets by taking part in a trade mission to Poland in October. The trip to Warsaw between October 6 and 8 is dedicated to building connections and learning on how to sell goods and services...
Long-established Swindon printing firm Multisets has gone into administration, it emerged today. The firm, which started trading in 1962, has an annual turnover of around £5m and employs more than 40 staff – a number of which have already been made redundant. It specialises in printing direct mail, integrated labels and cards, cheques and...
Packaging firm GWP Group, which this year celebrates 25 years in business, has achieved annual sales of more than £10m for the first time. The Cricklade-based firm, which manufactures a range of cardboard boxes, protective cases, inserts and packaging, has increased sales by more than 10% in each of the past two years following...
The Business Growth Service has appointed Andre Smague as business growth manager for Wiltshire – a role in which he will focus on supporting the county’s manufacturers with leadership and development, business improvement and supply chain opportunities. Andre, pictured, is a highly focused operations/supply chain manager with more than12 years’ experience in manufacturing, logistics...
The small rise in unemployment in the South West announced this week demonstrates how fragile economic growth is in the region, Business West has warned. The region’s largest business organisation – which runs the Swindon & Wiltshire Initiative – said “fundamental weaknesses” remained to be tackled, particularly the “dangerously high” level of youth unemployment....
